Dáil Éireann Debate, Wednesday - 22 February 2023
102. Deputy Louise O'Reilly asked the Minister for Finance the amount of funding allocated for the SBCI loan schemes under the Supplementary Estimate for 2023; and if he will make a statement on the matter. [9131/23]
Amharc ar fhreagraThe Strategic Banking Corporation of Ireland (SBCI) began lending in March 2015. By the end of December 2022, the SBCI had supported lending of €3.4 billion to more than 53,000 SMEs, from all sectors of the Irish economy and across a wide geographical spread.
The SBCI has a number of schemes launched and in development to help release further funding to support suitable projects. These include the Growth and Sustainability Loan Scheme, the Energy Efficiency Loan Scheme, the Ukraine Credit Guarantee Scheme and the Residential Retrofit Scheme.
Three Government departments allocate funding towards the operation of these loan guarantee schemes; the Department of Department of Enterprise, Trade and Employment (DETE); the Department of Agriculture, Food and the Marine (DAFM); and the Department of Environment, Climate and Communications (DECC).
I have been informed that none of the three departments have sought a supplementary allocation in 2023 in respect of SBCI loan schemes to date.
