Timbercreek launches €200m ‘challenger bank’

The company has incorporated an Irish subsidiary and is recruiting staff

19th February, 2017
Timber Creek head of US and European debt, Bradley Trotter

Timbercreek, a €3.4 billion Canadian private equity firm, is to target Irish property with the launch of a €200 million challenger bank in Dublin.

The company has incorporated an Irish subsidiary and is recruiting staff, as well as looking for office space.

The lender will offer short-term debt to fund transition and development activities, according to its head of US and European debt, Bradley Trotter.

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Tom Maguire: Tax changes we make now could help business for years

More Business Tom Maguire 10 months ago

The Daily Briefing

The Daily Briefing