Pat Casey
Ceist:127. Deputy Pat Casey asked the Minister for Finance the number of SMEs that received loan funding by firm size of fewer than ten, 11 to 49 and 50 to 249 employees, respectively, in tabular form. [9254/19]
Amharc ar fhreagraTuesday, 26 February 2019
Ceisteanna (127)
Freagraí scríofa
The Strategic Banking Corporation of Ireland (SBCI) is Ireland’s National Promotional Institution (NPI). The SBCI’s goal is to increase the availability of appropriately priced, flexible funding to viable Irish SMEs. The purpose of the SBCI is to deliver effective financial supports to Irish SMEs that address failures in the Irish credit market, while encouraging and facilitating competition and innovation, and ensuring the efficient and effective use of European financial instruments. The SBCI achieves this aim through the provision of low cost liquidity and risk-sharing activities.
The Strategic Banking Corporation of Ireland commenced its activities in March 2015. SBCI has forwarded updated figures to my Department that show, to the end of December 2018, the total amount of SBCI supported lending activity (liquidity) was €900 million to 21,973 Irish SMEs supporting 141,677 jobs. Under the SBCI’s risk sharing schemes, €157 million has been drawn down by 4,299 SMEs supporting 7,132 jobs.*
Liquidity
|
Firm Size |
No. of Employees |
Total Loans Supported |
No. of Businesses |
|
Less than 10 |
44,166 |
€558,943,337 |
19,223 |
|
11 to 49 |
43,203 |
€203,676,794 |
1,998 |
|
50 to 249 |
54,308 |
€135,913,213 |
572 |
|
Grand Total |
141,677 |
€898,533,344 |
21,973 |
|
Firm Size |
No. of Employees |
Total Loans Supported |
No. of Businesses |
|
Less than 10 |
31% |
62% |
87% |
|
11 to 49 |
31% |
23% |
9% |
|
50 to 249 |
38% |
15% |
4% |
|
Grand Total |
100% |
100% |
100% |
Risk-Sharing
|
Firm Size |
No. of Employees |
Total Loans Supported |
No. of Businesses |
|
Less than 10 |
5,505 |
€146,143,043 |
4,258 |
|
11 to 49 |
636 |
€6,742,644 |
32 |
|
50 to 249 |
991 |
€4,045,000 |
9 |
|
Grand Total |
7,132 |
€156,930,687 |
4,299 |
|
Firm Size |
No. of Employees |
Total Loans Supported |
No. of Businesses |
|
Less than 10 |
77% |
93% |
99% |
|
11 to 49 |
9% |
4% |
1% |
|
50 to 249 |
14% |
3% |
0% |
|
Grand Total |
100% |
100% |
100% |
* Please note that these figures may be subject to revision as data received from finance providers is periodically reviewed and adjusted, as necessary.