Farmers to avail of new AIB €500m agri-loan fund

AIB has launched a second €500m loan fund aimed at Ireland’s agri-sector, supported by discounted Strategic Banking Corporation of Ireland funding for eligible projects.
Farmers to avail of new AIB €500m agri-loan fund
Fri, 20 Nov, 2015 - 00:00

More than 90% of the first €500m which AIB rolled out in 2014 has been drawn down by the bank’s farming customers.

Borrowed for use as working capital, capital expenditure and asset finance requirements, that fund was also backed by SBCI.

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