First Citizen Finance has won approval from the State-backed Strategic Banking Corporation of Ireland (SBCI) to offer low-cost financing to agri-business SMEs. Photo: Bloomberg

First Citizen Finance has won approval from the State-backed Strategic Banking Corporation of Ireland (SBCI) to offer low-cost financing to agri-busin(...)

Nick Ashmore, chief executive of the Strategic Banking Corporation of Ireland, at Treasury Buildings, Dublin. Photograph: Dara Mac Dónaill / The Irish Times

Small and medium sized enterprises (SMEs) drew down €172 million in lower cost funding from the State-backed Strategic Banking Corporation of Ireland (...)

The SBCI has now made a total of €750 million in low-cost, long-term loans available from lenders

Ulster Bank is the fifth lender to win approval from the State-backed Strategic Banking Corporation of Ireland (SBCI) to offer low-cost financing to S(...)

Minister for Finance Michael Noonan has said it could take more than 10 years to fully re-privatise AIB. Photo: Alan Betson/The Irish Times

Minister for Finance Michael Noonan has said it could take more than 10 years to fully re-privatise AIB but that he was “absolutely confident” that th(...)

AIB Headquarters in Ballsbridge Dublin. Photograph: Bryan O’Brien/Irish Times

AIB has secured a further €200 million from the Strategic Banking Corporation of Ireland (SBCI) to lend to Irish businesses. The funding will be made(...)

The new programme includes low-cost leasing, hire purchase and rental agreement option

The State-backed Strategic Banking Corporation of Ireland (SBCI) has announced its second phase of new funding for small and medium-sized businesses w(...)

Under the SBCI initiative,  banks can offer loans at discounted rates for periods of between two and 10 years

More than 1,600 Small and medium-sized businesses have availed of loans from the State-backed Strategic Banking Corporation of Ireland (SBCI) in its f(...)

At the fund’s launch, Nick Ashmore said it was open to “big idea” type proposals. Photograph: Alan Betson

When the Ireland Strategic Investment Fund was launched last year, the view was that its biggest challenge would be finding appropriate homes for the (...)

Nick Ashmore, CEO of Strategic Banking Corporation of Ireland. Photograph: Dara Mac Dónaill / The Irish Times

This time it will be different. If ever there was a phrase synonymous with financial folly and pre-crash delusion, this is it. It was resurrected l(...)

Minister for Finance Michael Noonan has welcomed the decision by AIB to match the discount offered on the €200 million that the bank is drawing down from the SBCI

The rates charged on loans from the new State-backed Strategic Banking Corporation of Ireland (SBCI), established to kick-start lending to SMEs, will (...)