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AIB Announce 500 Million for SME Sector PDF Print E-mail

AIB's small business customers with existing branch based current account and loan commitments can restructure these into a single "recovery loan" up to a maximum of €250,000.  The restructured debt will be offered over an agreed term with an interest-only option for up to two years.

Additional working capital will also be available for SMEs, subject to a maximum 50 per cent of total existing qualifying branch facilities or €50,000, whichever is the lower figure.

Customers should contact their professional advisors and local branch for more information.