The €2.25 billion in warehoused debt at the end of February was comprised of €1.36 billion in the Revenue Business division, €639 million in Medium Enterprise, €227 million in ‘Large Corporates’; €21 million in ‘Personal’ and €6 million in High Wealth individuals who have net assets of more than €20 million.
Mr McGrath said that “it has provided a vital liquidity support to businesses during the Covid pandemic”.
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