Largest non-bank lender announces record profits and new lending for 2017 Profit before tax rises to €8.3m (an increase of 226% on continuing operations*) Record new lending of €435m to SMEs, property owners, farmers and consumers New lending in Commercial Mortgages up 328% to €123 million SME leasing up 50% to €42 million – €30m […]
Finance Ireland Group, Ireland’s leading non-bank lender, has published its accounts for the year ended 31st December 2016.
Following the investment, which will see ISIF take a 32% shareholding, ISIF will nominate two Directors to join the company’s Board.
Glanbia Co-operative Society (‘the Society’), the Ireland Strategic Investment Fund, Rabobank and Finance Ireland announce the planned creation of a new €100 million ‘Glanbia MilkFlex Fund'.
Finance Ireland Limited shareholders approved that PIMCO take a minority equity stake in the Company via their investment vehicle PIMCO BRAVO Fund II, L.P.
Finance Ireland will act as on-lender of €50 million provided by the SBCI to provide Irish SMEs with lower-cost funding for equipment, machinery and vehicles.