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Supporting economic development in Ireland by driving increased access to finance

The SBCI has published its 2021 Year-end Statement

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01 Mar 2022

Supporting economic development in Ireland by driving increased access to finance

The SBCI has published its 2021 Year-end Statement.

Key information:

Comment by June Butler, SBCI CEO:

“The SBCI is delivering on its mandate to increase the availability of finance, drive competition and increase choice in the Irish SME lending market. Against the backdrop of the Covid-19 pandemic and Brexit, the SBCI achieved strong new lending in 2021, demonstrating the positive impact of the SBCI’s lower cost funding and guarantee schemes on the Irish SME finance market.
The SBCI’s 2021 year-end statement updates the strategic direction for the SBCI for the coming years, pointing out our pivotal role in supporting the transition to sustainable business practices and as a conduit for the effective use of EU SME supports relevant to Irish businesses”.