7/14/2021  A long shadow – The need for continued focus on resolving long term mortgage arrears - Deputy Governor Ed Sibley  A long shadow – The need for continued focus on resolving long term mortgage arrears - Deputy Governor Ed Sibley 13 July 2021  Speech  Remarks delivered at Banking & Payments Federation Ireland (BPFI) Breakfast Brie ng Introduction1 Good morning ladies and gentlemen.
Interest rate spreads on SME loans compared with those for large non-financial companies have widened by an average of 40 basis points since 2010. A key part of the solution here has to be structural reforms that improve the medium-term growth outlook and hence support risk appetite. Only governments can introduce them. Third, fragmentation is also caused by weak bank balance sheets.