BOI targets food firms

A SPECIAL finance package for Irish firms in the fast-growing prepared foods and beverage sector was announced yesterday by Bank of Ireland.

The bank has set aside an initial €50 million loan fund to support development activity by small and medium-sized companies in the sector.

In addition, Bank of Ireland and Bord Bia will work together to organise briefings for the bank’s key relationship managers to develop their knowledge and expertise of the food sector.