News And Press Releases 2015


17 December 2015

SBCI allocates additional €200m to AIB for low-cost funding for Irish SMEs 

Brings to €400m the total SBCI funding being lent by AIB to SMEs SBCI has now committed €675m of its €800m first phase funding (84% of the total) New AIB facility “a sign of the very strong appetite for SBCI loans” – SBCI CEO Nick Ashmore 17 December 2015: SBCI today agreed an ...


03 December 2015

SBCI supporting Midlands businesses return to growth 

3 December 2015: Businesses in the Midlands should not miss out on €800m in State-backed low-cost loans and financing options that have already benefited over 3,200 SMEs across Ireland, the Chief Executive of the Strategic Banking Corporation of Ireland (SBCI) told a special small business event in Athlone this morning. Nick ...


05 November 2015

SBCI and Merrion Fleet announce new €25m fleet finance fund for Irish SMEs 

New figures show 3,200 SMEs have borrowed €110m from SBCI to date Merrion Fleet becomes fourth SBCI lending partner (after AIB, Bank of Ireland and Finance Ireland) Total of €475 million now committed by SBCI for on-lending to Irish SMEs SBCI loan drawdowns reach €110 million in its first seven months Thursday 5 November ...


29 October 2015

Strategic Banking Corporation of Ireland (SBCI) and Finance Ireland announce €50m in new funding for Irish SMEs 

New €50m SBCI package for equipment, machinery and vehicles through Finance Ireland, a specialist SME lender Builds on €400m SBCI loans already available through AIB and Bank of Ireland “Supporting non-bank finance will help drive competition in Irish SME lending” CEO Nick Ashmore Thursday 29 October 2015 – The Strategic Banking Corporation of ...


30 July 2015

Over 1600 Irish SMEs benefit from Strategic Banking Corporation loans in its first four months 

Over 1600 Irish SMEs benefit from Strategic Banking Corporation loans in its first four months Some €45 million of new lower cost SME loans drawn from March to June 2015 Agriculture accounts for nearly a third of all loans 90% of loans for investment purposes and average loan size of €27,500 indicate renewed ...


30 July 2015

Press Release SBCI Results to June 2015 

Over 1600 Irish SMEs benefit from Strategic Banking Corporation loans in its first four months Some €45 million of new lower cost SME loans drawn from March to June 2015 Agriculture accounts for nearly a third of all loans 90% of loans for investment purposes and average loan size of €27,500 indicate renewed ...


24 March 2015

The Minister for Finance nominates the Board of the SBCI 

The Minister for Finance nominates the Board of the Strategic Banking Corporation of Ireland (SBCI). (This press release was issued on behalf of the Minister for Finance on Tuesday 24 March 2015) The Minister for Finance, Michael Noonan T.D., has nominated six people to the Board of the Strategic Banking Corporation of ...


19 February 2015

Strategic Banking Corporation of Ireland (SBCI) launches €400 million of low-cost, long-term funding for SMEs 

low cost, longer term loans for investment and working capital dedicated funding for SMEs whose bank has left the Irish market specialised funding for agriculture investment loans Thursday 19 February 2015 – The Strategic Banking Corporation of Ireland (SBCI) has today launched its initial product programme to provide €400 million of low-cost, long-term ...