Ireland

Funding will allow milk to flow freely

Bibby Financial Services is establishing a EUR60m fund for SMEs in Ireland...

Ireland's SMEs should find it easier to deal with multiple lenders under a new protocol that's just been unveiled.

Allied Irish Banks (AIB) has launched a EUR100 million fund for SMEs to help them invest in energy-saving projects.

Irish small and medium businesses are the most reliant in Europe on bank financing, the Central Bank said.

 

Graham Byrne, Managing Director, Bibby Financial Services Ireland, provides an overview of the Irish factoring market for the World Factoring Yearbook 2013, covering industry environment, market performance, supply and future trends.

New statistics from the Central Bank of Ireland show lending to non-financial or property related small and medium enterprises slid 1.4 per cent between April and June, compared to the same period a year ago.

As Irish SMEs continue to struggle to switch to SEPA the Irish Small and Medium Enterprises Association embarks on an educational tour.

Irish firms urged to improve SEPA preparations by Ibec.

 

Bank of Ireland has approved EUR1 billion of new loans to small and medium-sized enterprises in the first quarter of 2013, an increase of 25 per cent in the number of loans approved in the first three months of 2012.