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Financing for working capital and investment is essential for the survival and growth of Small and Medium Enterprises (SMEs). The recent financial crisis has provoked much debate in Ireland and Europe around the provision of bank financing to SMEs. This article provides empirical evidence, using...
Persistent link: https://www.econbiz.de/10010739941
The Prudential Capital Assessment Review (PCAR) 2011 uncovered significant potential losses in the Irish banking sector, leading to a considerable recapitalisation. This letter uses a large sample of the loan level data provided for PCAR 2011 to present descriptive statistics on the SME lending...
Persistent link: https://www.econbiz.de/10010877222
This note provides an update on rates of job creation and destruction in the light of the dramatic slowdown in the economy. Firm-level data on employment changes has been collected by Forf´as for almost forty years and allows us to compare the current rates of job turnover to those in previous...
Persistent link: https://www.econbiz.de/10010565768