The Strategic Banking Corporation of Ireland commenced its activities in March 2015. SBCI has forwarded updated figures to my Department that show, to the end of March 2018, it has supported loans to Irish SMEs totalling €972m to 24,002 Irish SMEs supporting 129,300 jobs through both its on-lending and risk-sharing activities.
Below is a breakdown, by SME size, of lending using SBCI funds.
Firm Size
|
No. of Employees
|
Total Loans Supported
|
No. of Businesses
|
Less than 10
|
45,581
|
658,544,884
|
21,761
|
11 to 49
|
37,504
|
188,004,256
|
1,741
|
50 to 249
|
46,215
|
125,506,684
|
500
|
Grand Total
|
129,300
|
972,055,824
|
24,002
|
|
|
|
|
Total %
|
|
|
|
Firm Size
|
No. of Employees
|
Total Loans Supported
|
No. of Businesses
|
Less than 10
|
35%
|
68%
|
91%
|
11 to 49
|
29%
|
19%
|
7%
|
50 to 249
|
36%
|
13%
|
2%
|
Grand Total
|
100%
|
100%
|
100%
|