Bank of Ireland to beef up agri team

Bank of Ireland is beefing up its agri team with the addition of another 15 managers before the end of this year in an effort to gain market share in what is a growing sector.

The bank recently launched a €1bn fund for lending to the agri sector and in particular to support farming customers for a range of farm investments and improvements to include the purchase of land, livestock and farm machinery.

“Our lending figures to the agri sector in the first half of this year attest to the continuing increase in demand for credit from this very important sector of the economy.