Rule 1 Outline

The guidelines are issued with the intention of encouraging and increasing the supply of credit to viable borrowers (that is, borrowers who have the capacity to service their loans) for business purposes.

Viable borrowers are defined within the document as those with the capacity to service their loans, and the stated purpose of the guidelines is to support and increase business lending to such borrowers.

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Guidelines issued under section 210(1) of the National Asset Management Agency Act, 2009 regarding lending practices and procedures and relating to the review of decisions of participating institutions to refuse credit facilities [S.I. No. 127 of 2010]
Rule 1 Outline

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Version status: In force | Document consolidation status: Updated to reflect all known changes

Version date: 26 March 2010 - onwards

These guidelines are issued with the intention of encouraging and increasing the supply of credit to viable borrowers (that is, borrowers who have the capacity to service their loans) for business purposes.

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