The Clare Champion Clare news, sport, entertainment and local notes
AIB has approved €292 million in business credit to Limerick and the Mid-West region in the year to September 2014, the bank’s chief executive, David Duffy announced on this Monday. AIB’s Mid-West operation covers counties Limerick, Clare and Galway. At the launch of the refurbished branch and new self-service lobby on O’Connell Street, Limerick, the chief executive confirmed that loan drawdowns by small and medium enterprises (SMEs) in the Mid-West region were up 24% in the first nine months of 2014 compared with the same period last year. He also said that AIB had invested significantly in its flagship branch at 106, O’Connell Street in the heart of Limerick City. “The figures show we have already approved €292 million for businesses in Limerick and the Mid-West in the year to September, while we have opened 1,163 New Business Start Up accounts so far this year. It is very heartening to see these business start-up accounts opening at the rate of …
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