€30m of funding launched by Bibby for SMEs impacted by exit of banks

Research by Bibby found that four out of ten SMEs say they will need to access additional funding this year

Bibby Financial Services Ireland has announced a funding campaign to aid Irish SMEs affected by the departure of Ulster Bank and KBC from the banking market.

The new fund, unveiled today, is set to provide much-needed support and financial solutions to SMEs amid concerns over a lack of cash flow due to supply chain and energy cost issues.