Bank of Ireland cuts business charges
Bank of Ireland is extending its invoice discounting service to small businesses with a discount of up to 50% for new customers.
Bank of Ireland is extending its invoice discounting service to small businesses with a discount of up to 50% for new customers.
The latest business confidence survey from the Irish Small and Medium Enterprises organisation, ISME, was published this morning.
The Central Bank of Ireland has signalled a marked slowdown in economic growth here next year, suggesting the economy will expand by 3 per cent rather than 4.25 per cent.
It has been reported that Bank of Ireland could be merging with Anglo Irish Bank Corporation plc. The rumour has been reported on the business news service, Zephus.com.
Bank of Ireland is close to launching a debtor financing operation in the UK, Germany and the Netherlands and plans to open five offices in these countries within 12 months, according to a senior Bank of Ireland source.
Bank of Ireland is hoping to lend Ј1bn within five years through a leasing and hire purchase operation launched yesterday.
The bank expects to take on 150 staff in three years.