MSPs call for alternative to banks’ SME lending

MSPs call for alternative to banks’ SME lending
 

The dominance of two banks north of the Border - Royal Bank of Scotland and Bank of Scotland - should be broken by establishing new sources of credit for small and medium sized enterprises (SMEs), according to a report by Holyrood's economy committee.
Publishing the findings of a short inquiry on access to finance for SMEs, the committee today argues that to create genuine choice in the market, a “different range of products” from new providers is needed.
MSP Murdo Fraser, convener of the Scottish Parliament’s economy, energy and tourism committee, said: “The problems of bank lending... read more

 
12 March 2014 in Business, Views: 31
Source: Scotsman
Share:
  •  




    News Widget for Webmasters


    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
        1 2 3 4 5
    6 7 8 9 10 11 12
    13 14 15 16 17 18 19
    20 21 22 23 24 25 26
    27 28 29 30