Corporate loans reached 49.4 USD bil in 2017 in Ireland, according to the National Central Bank. This is 10.5 % more than in the previous year.
Historically, corporate loans in Ireland reached an all time high of 230 USD bil in 2008 and an all time low of 44.7 USD bil in 2016. When compared to Ireland's main peers, corporate loans in Canada amounted to 250 USD bil, 1,156 USD bil in France and 12.3 USD bil in Iceland in 2017.
Ireland has been ranked 23rd within the group of 75 countries we follow in terms of corporate loans, 13 places behind the position seen 10 years ago.
Corporate loans are loans made to businesses for a specific business purpose.