Minister Donohoe publishes Credit Demand Survey October 2020 – 2021
Foilsithe
An t-eolas is déanaí
Teanga: Níl leagan Gaeilge den mhír seo ar fáil.
Foilsithe
An t-eolas is déanaí
Teanga: Níl leagan Gaeilge den mhír seo ar fáil.
The Minister for Finance, Paschal Donohoe TD has today (Monday) published the latest SME Credit Demand Survey which covers the period October 2020 – March 2021. This survey series is currently being conducted by Behaviour and Attitudes, on behalf of the Department of Finance. It is the most comprehensive survey of SME Credit Demand in Ireland, covering over 1,500 respondents through in-depth discussions. The survey ensures that it captures a full picture of the SME landscape in Ireland, with micro enterprises, small-sized enterprises and medium-sized enterprises accurately represented as per the percentage make-up of SMEs in Ireland.
The survey is conducted biannually and historically for presentation purposes the report uses year-on-year comparisons. However, due to restrictions caused by the Covid-19 just one survey was conducted in 2020. For this survey wave data gathered for March 2019 was used for comparative purposes for some questions, while other questions were designed to gather data for comparison of a full year’s activity i.e. in respect of 2019 and 2020.
Key results include:
On the publication of the SME Credit Demand Survey Minister for Finance, Paschal Donohoe T.D. stated:
“I welcome the results of the latest SME Credit Demand Survey, October 2020 – March 2021, which has given us further important insights into how SMEs in Ireland are continuing to manage with the consequences of Covid-19.
I would like to take this opportunity to sincerely thank all those SMEs that took part in this survey, especially at a time when they had such significant demands on their time. The SME Credit Demand Survey series is an invaluable resource that allows us to develop, refine and implement policy measures to support our indigenous businesses and allows the Department gain an essential understanding of the Irish SME environment.”
ENDS