AIB gave a positive outlook for the Agri-Food sector at a customer seminar for farming customers held on Wednesday, November 9 in the Grand Hotel Moate.
Over 50 farmers attended the event at which John Donoghue, IFAC Accountants Tullamore and Eamonn O’Reilly, AIB Agri Adviser spoke.
John Donoghue gave the audience an update on managing Farm taxation and insights into the limited company option.
Eamonn O’Reilly, AIB Agri Adviser discussed the current opportunities and challenges facing the farming sector and highlighted the key information which the bank look for in a funding proposal.
These seminars are one part of AIB’s commitment under the SME Lending Plan to have a comprehensive communication and engagement programme to demonstrate AIB’s commitment and willingness to support and lend to viable businesses.
Eamonn O’Reilly, AIB Agri Adviser said, “AIB has a long association with the agri sector and agriculture will remain a key component of AIB’s business going forward. We recognise the positive long term outlook for the sector and the opportunities that this provides to Irish farmers.”