Richard Curran: Why is it the State and not the pillar banks who carry the risk of lending to the vital SME sector?

Admittedly, many SMEs don’t want to borrow. Photo: Getty

It is time to ask whether banks are really stepping up to support the needs of small businesses – which remain a vital engine of the economy.

Small Firms Association (SFA) director David Broderick made an interesting suggestion last week, that perhaps there should be a new semi-state bank for small business.

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