Monday August 3, 2020

AIB hopes to get SMEs to re-engage with €500m package

Lack of engagement by small and medium enterprises (SMEs) with their banks may be making things worse for business borrowers and their banks, according to Denis O’Callaghan, AIB’s general manager in charge of retail and SME business.

29th May, 2010

Lack of engagement by small and medium enterprises (SMEs) with their banks may be making things worse for business borrowers and their banks, according to Denis O’Callaghan, AIB’s general manager in charge of retail and SME business.

But he hopes to change that. AIB took a leap of faith last week with a €500million package aimed at encouraging SMEs to re-engage.

Although the package was inspired by a commitment to...

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