News And Press Releases


27 May 2019

SBCI publishes 2019 progress update and 2018 annual report and accounts 

The Strategic Banking Corporation of Ireland (SBCI), Ireland’s national promotional institution for low-cost flexible funding for SMEs, has today published a 2019 progress update and its 2018 annual report and accounts. Key information2018 saw the SBCI significantly expand its portfolio of available credit supports for SMEs. This included providing further ...


28 January 2019

SBCI and EIB sign funding agreements to facilitate Future Growth Loan Scheme 

28 January 2019 – In the context of the announcement earlier this month of an open call inviting banks and other lenders to take part in the Scheme, the Strategic Banking Corporation of Ireland (SBCI) has today detailed the signing of two funding agreements to facilitate the Future Growth Loan ...


21 January 2019

SBCI issues open call for lending partners for new €300 million Future Growth Loan Scheme 

Banks and other financial institutions are invited to apply to distribute new low-cost loan scheme announced in the 2019 Budget – applications to be submitted by 11 February 2019.This scheme will be available to eligible small businesses including the primary agriculture and seafood sectors to support strategic long-term investment in ...


11 January 2019

SBCI seeks lending partners for new €300 million Future Growth Loan Scheme 

SBCI seeks lending partners for new €300 million Future Growth Loan SchemeBanks and other financial institutions are invited to distribute new low-cost loan scheme announced in the 2019 Budget – applications to be submitted by 11 February 2019.This scheme will be available to eligible businesses including the primary agriculture and ...


18 December 2018

Strategic Banking Corporation of Ireland (SBCI) and Finance Ireland announce €75m in new funding for Irish SMEs 

Brings total SBCI funding to Finance Ireland to €126mNew funding round follows success of initial €51m facility, which has been fully taken up by SMEsFunding will support Finance Ireland’s Hire Purchase, Leasing, Working Capital and Agri Asset Finance offerings Signing of SBCI and Finance Ireland second liquidity facility with Minister Michael ...


11 October 2018

First Citizen has repaid its €40m loan Facility from the SBCI following the company’s recent raising of commercial funding. 

First Citizen has repaid its €40m loan Facility from the SBCI following the company’s recent raising of commercial funding.The SBCI had provided the facility to First Citizen in May 2016 to facilitate First Citizen to bring new products offering low-cost finance to Irish agri SMEs seeking to buy or lease ...


08 June 2018

SBCI publishes 2018 progress update and 2017 annual report and accounts 

The Strategic Banking Corporation of Ireland (SBCI), Ireland’s national promotional institution for low-cost flexible funding for SMEs, has today published a 2018 progress update and its 2017 annual report and accounts. Key information: As at end-March 2018 the SBCI has supported 23,867 SMEs, employing 122,227 people Total SBCI loans drawn down from ...


06 April 2018

Helping Irish SMEs meet their Brexit challenges 

The €300m Brexit Loan Scheme, which was launched by the Irish Government last week will be a highly effective support for businesses. Operated by the SBCI, it will provide low‐cost funding (at 4% or less), with the support of the European Investment Fund, to businesses that are innovating in response to the ...


21 December 2017

Supporting 23,000 Irish SMEs with €925m in new lending 

2017 was a transformative year for the Strategic Banking Corporation of Ireland (SBCI). We almost doubled the number of SMEs that are benefiting from our low-cost, flexible funding offerings – from 12,500 at the start of the year to 23,000 now. We have now supported over €925m in SME lending, ...


21 November 2017

SBCI seeks lending partners for new €300 million Brexit Loan scheme 

SBCI seeks lending partners for new €300 million Brexit Loan scheme Banks and other financial institutions invited to distribute new low-cost loan scheme announced in last month’s Budget – applications to be submitted by 8th December 2017. Scheme will provide affordable financing to businesses that are either currently impacted by Brexit or will ...

 

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