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Bank of Ireland allocates €300m to fund investment in long term care sector

Written by Robert McHugh, on 20th Oct 2016. Posted in General

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Bank of Ireland yesterday hosted a business briefing, Scaling and Growing your Long-Term Care Business, for over 220 nursing home owners, long-term care providers and intermediaries. Over the past 18 months, Bank of Ireland has approved over €150 million in funding for the long-term care sector and has allocated a further €300 million for further sector investment.
 
The event, which took place in Croke Park, featured a panel discussion on the topic of Scaling and Growing your Long-Term Care Business covered the areas of funding, the EII scheme, recruiting and retaining staff and planning for growth. 

The panellists were:  
• Director, Nursing Homes Ireland (NHI) and CEO Trinity Care - Keith Robinson 
• Chief Executive at TTM Careers - Brian Crowley
• Head of Corporate Finance at Cantor Fitzgerald Ireland Ltd - Conor McKeon 
• Head of Transaction Support at Bank of Ireland - Barry Heraty 
• Head of Pensions and Investments at Bank of Ireland Life - Bernard Walsh 
 
Head of Health Sectors at Bank of Ireland, Hilary Coates said, "The knowledge and experience of operators and providers and their staff is key to meeting standards and delivering high quality care."

She added, "Our in-depth understanding of the long – term care is informed by sectoral specialist expertise, our banking experience and our local relationships with customers and we look forward to supporting businesses in achieving growth while continuing to provide quality care."

Source: www.businessworld.ie

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