AIB makes €200m fund available to SMEs at 4.5% through SBCI
AIB recently announced a partnership with the Strategic Banking Corporation of Ireland (SBCI) to offer €200m in new funding at a discounted rate to Irish SMEs. Minister of Finance Michael Noonan launched AIB's commitment to the fund at an event in AIB's Bankcentre in Ballsbridge.
The SBCI is a new strategic SME funding company which is partnering with banks and other lending organisations to provide access to flexible funding for Irish SMEs and farmers. The SBCI's three funding partners are the European Investment Bank (EIB) Kreditanstalt fur Wiederaufbau (KfW) the German promotional bank, and the Ireland Strategic Investment Find (ISIF). It has an intial fund of €800m.
THAT PERFECT GIFT! Anyone can buy one of our vouchers A perfect present for family and friends, allowing them the freedom to choose where and what they buy! Vouchers are a practical and efficient way to encourage local shopping . Vouchers have to be spent locally. A practical gift that will encourage and support our retail sector which in turn means supporting local jobs and the livelihoods of many in our town.
A New Ross Chamber Shopping Voucher supports these Participating Businesses.Where we shop, where we eat and have fun – makes your community home. Our one-of-a-kind businesses are an integral part of the distinctive character of New Ross and its surrounds. Our Voucher scheme generates additional sales within our local economy and since the establishment of the scheme in December 2004 sales have reached over €1.65 million; which has been spent locally in New Ross.