Flanking banking

  by Seán Whelan, Economics Corresponent One of the chapters in the latest Global Financial Stability Report from the IMF looks at the problem of banks that can not or will not lend money.  It’s not just an Irish problem. According to the IMF (using Bank of International Settlements data) weak credit supply from banks is a problem for Austria, Belgium, Denmark, Germany, Greece, Italy, Luxembourg, Norway, Portugal, Spain, the UK and the USA – as well as Ireland. Triple …