Banks will not up lending to SMEs
Published 11/02/2010 | 05:00
There has been a lot of discussion about increased bank lending to SMEs and start-up businesses.
There will be no significant increase in bank lending to these potential borrowers.
The reason is simple -- they are high risk. Any potential revenue to banks from successes will be more than wiped out by failures. At the best of times this is the case.