News And Press Releases 2018


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 ...