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Mayo hoteliers call on banks to increase credit facilities

The Mayo branch of the Irish Hotels Federation has called on Irish banks to deliver on their obligations under the Government recapitalisation scheme and immediately increase the flow of lending to small and medium enterprises. John Raftery, chairman, Mayo branch, IHF highlighted the lack of funding and stated that action taken by the Government has so far failed to deliver for the hotel sector any significant increase in credit facilities.

 

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