Loan Guarantee Schemes Agreements (Strategic Banking Corporation of Ireland) Act 2021 provides the relevant Ministers with the power to enter into agreements with the SBCI for the purpose of facilitating access to finance for qualifying enterprises. Such agreements may include the condition of a financial contribution to SBCI by one or more of the relevant Ministers.<\/p>\n
Financial contributions by the relevant Ministers to the SBCI are limited to an aggregate total of \u20ac50 million across all active agreements. The \u20ac50 million limit will be sufficient to allow for the delivery of the Brexit Impact Loan Scheme, while also leaving some capacity to allow for the Ministers to implement additional schemes concurrently if they wish to do so in the future.<\/p>\n\n
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Strategic Banking Corporation The Strategic Banking Corporation of Ireland Act, 2014, establishes the Strategic Banking Corporation of Ireland.\u00a0 Its purpose is to lend strategically within the economy. It is focused on the credit needs of small to medium-sized enterprises in the first instance.\u00a0 It is intended that in due course, other areas of the economy […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[270],"tags":[],"_links":{"self":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/posts\/19218"}],"collection":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/comments?post=19218"}],"version-history":[{"count":7,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/posts\/19218\/revisions"}],"predecessor-version":[{"id":31430,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/posts\/19218\/revisions\/31430"}],"wp:attachment":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/media?parent=19218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/categories?post=19218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/tags?post=19218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}