1. Reporting entity
The SBCI is a company domiciled in Ireland. The Company was established pursuant to the SBCI Act 2014 on 12 September 2014. The Company avails of national and international sources of funding for the purpose of providing lower cost, flexible funding to Irish SMEs through its on-lenders, and enhancing access to finance for SME borrowers in Ireland.
The Company is a single member, private, designated activity company limited by shares incorporated under the Companies Act 2014 (Registered No. 549539). The issued share capital of the SBCI is owned solely by the Minister for Finance. The Company’s registered office is at Treasury Building, Grand Canal Street, Dublin 2, D02 XN96.