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The SBCI has published its annual report and accounts for 2016

News
06 Jun 2017

The SBCI has published its annual report and accounts for 2016.

Key information:

Comment by Nick Ashmore, CEO of SBCI:

“The SBCI is delivering on its mandate to drive competition and choice in the Irish SME lending market. Our strong growth in new lending in 2016, which has continued into 2017, shows the positive impact of the SBCI’s lower cost funding on the Irish SME finance market.

We appreciate the support shown by our on-lenders in delivering these results for SMEs. Our Annual Report today sets out the strategic direction for SBCI for the coming years, noting our role as a conduit for the effective use of EU SME supports relevant to Irish businesses and supporting a variety of types of finance.”

See the full report here.