Agri-Business
Eoin Lowry, head of agri with Bank of Ireland, has confirmed that Irish agriculture cleared €250 million in debt over the past 12 months.
The Agriculture Cashflow Support Loan Scheme, provided by Bank of Ireland, Ulster Bank and AIB, proved to be very popular amongst farmers.
Total on-farm investment for 2015, which includes breeding stock, was valued at €713m, which is a 9% decrease (a €141m drop) on 2014 figures.