Rabobank to provide cut-price loans to farming and food sectors

Rabobank Headquarters

Colm Kelpie

The European Investment Bank (EIB) is partnering with Dutch lender Rabobank to provide €200m in cheap loans to Irish SMEs in the farming and food sectors.

The funds will be provided at a discount through Rabobank's vendor-financing operation DLL, with €100m being stumped up by each.