AIB ‘assisting farm customers’

SOURCES in AIB have said they are working with farmer customers experiencing cash flow problems, with moving to “interest only” possible in some cases.

AIB ‘assisting farm customers’

“In AIB we have had plenty of experience of working through such situations with clients, most recently pig farmers where incomes were severly impacted by high feed costs during 2008, and compounded by the dioxin scare at year end,” said AIB Agri Adviser Patrick Butterly.

Pig farmers were now back in profit and should stay there for the next 12 months, he said, in an article in AIB’s Agri Matters bulletin. “We are now seeing demand for credit returning to this sector to increase production capacity and improve production efficiencies.

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