News And Press Releases 2017


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 ...


03 August 2017

SBCI supports over 21,000 SMEs with loans totalling €855m 

SBCI publishes its mid-year 2017 update SBCI now supports loans totalling €855m to over 21,000 Irish SMEs employing over 106,000 people  57% increase in SBCI-supported loans in H1 2017  Average loan size of €42,000 continues to increase (from €40,000 in June 2016)  SMEs saving 1.15% on average market interest rates  SBCI delivering on mandate to ...


06 June 2017

The SBCI has published its annual report and accounts for 2016 

The SBCI has published its annual report and accounts for 2016. Key information: At end Dec 2016, the SBCI had supported 12,593 SMEs, employing 67,150 people, with drawn down loans totalling €544m. By end Q1 2017, a further €113m was drawn down by 2,700 SMEs – bringing total drawn ...


04 May 2017

SBCI low-cost funding now supporting 67,000 jobs in 12,500 Irish SMEs 

The Strategic Banking Corporation of Ireland (SBCI) is now supporting 12,500 Irish SMEs employing 67,000 people with its low-cost loans, according to a new economic impact report published today. The report was published in advance of the SBCI’s appearance at the Oireachtas Committee on Finance, Public Expenditure and Reform, and ...


01 March 2017

SBCI publishes progress report to end of 2016 

€544m lent to over 12,500 SMEs since inception Average loan size of €43,200 4 new lending partners during 2016, bringing total to 8 Strong demand for Agriculture Cash Flow Support Loans 1 March 2017: The Strategic Banking Corporation of Ireland (SBCI) today published a progress update for 2016 which shows that more ...


31 January 2017

SBCI names 3 lending partners for €150m Agriculture Cashflow Support loan scheme 

Low cost loans will be available this week through AIB, Bank of Ireland and Ulster Bank The Minister for Agriculture Food and the Marine, Michael Creed TD, pictured with Nick Ashmore , Chief Executive Officer of the SBCI The Strategic Banking Corporation of Ireland (SBCI) has today confirmed that AIB, Bank of ...