Alexi Giannoulias Quotes

We have solid financial institutions, but they lent very little. So with the financial reform, we wanted to push them to lend more and to encourage the development bank to create instruments for lending mainly for micro and medium-sized companies.

The lack of available credit and loans is having a severe impact on small businesses in particular, but also their suppliers and the bigger companies too.

The lifeblood of job creation in America is small business, but they can't get access to credit.

The banks are not lending, at least from what I see. They were so wild and reckless back in the good times that they got burned terribly.

Usually when there are a lot of layoffs, like in 2008 and 2009, business creation tends to spike. But that didn't happen right away, partly because people trying to start a business couldn't get credit.

The business community won’t like it if the Federal Reserve raises the interest rate. They never do. That doesn’t mean they shouldn’t do it.

Mexico has very solid financial institutions, with good levels of capitalism, but they’re not lending much.

Yes, some banks will only float good companies. But others could not give two hoots if you have a business, a business plan or any business experience.

I have heard firsthand from several small business owners about their struggle to borrow and their fear of taking on additional debt.

The problem of dealing with the financial industry is being addressed today. You can measure it with interest rates coming down. You can measure it with the quantity of loans, and that sort of thing. The problem is, that nobody wants to take the loans. Once the banks are willing to give it, that's only half the problem.

Banks operate like a man who either wears his trousers round his chest, stifling breathing, as now, or round his ankles, exposing his assets. We want their trousers tied round their middle: steady lending growth; particularly to productive British business, especially small scale enterprise.

Small business owners that are female, that is their number one problem, is access to capital.

The job of the Central Bank is to worry.

Oftentimes, small business owners are unable to obtain reasonably priced financing and instead turn to higher priced forms of capital, such as credit cards.

We need a new British business bank with a clean balance sheet and an ability to expand lending rapidly to the manufacturers, exporters and high-growth companies that power our economy. Today I can announce we will have one.

It is hard to be enthusiastic about the economy's prospects when house prices are falling: Households spend less, small business owners can't use homes as collateral for loans and local governments are forced to cut jobs and programs as property-tax revenue disappears.

There's another way we are getting behind business - by sorting out the banks. Taxpayers bailed you out. Now it's time for you to repay the favour and start lending to Britain's small businesses.

How come my friends in the S&L industry tell me things are so dire?

Banks lend by creating credit. They create the means of payment out of nothing

The current crisis is not simply a market failure in which prices are not functioning properly, but a profound loss of faith in money’s capacity to tell the truth.

The Bank of England should lend in times of internal panic as freely and readily as plain principles of banking require.

When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you’ve got to get up and dance. We’re still dancing.

We are optimistic with respect to thrifts .... I don't think that there is any cause for undue concern and I would reject any suggestion that we are in the midst of some sort of a major systemic problem with respect to any element of our financial services industry.

A plentiful Currency will occasion Interest to be low …. many that understand Business very well, but have not a Stock sufficient of their own, will be encouraged to borrow Money; to trade with, when they can have it at a moderate Interest.

Starting in late 2007, faced with acute financial market distress, the Federal Reserve created programs to keep credit flowing to households and businesses. The loans extended under those programs helped stabilize the financial system.