Representatives of the Agri-Food Strategy Board recently met with senior Danske Bank officials to discuss how the bank can support the agri-food industry.
Representing the AFSB chairman Tony O’Neill and board members Declan Billington and Francis Martin held a meeting with Danske Bank Chief Executive Gerry Mallon, Managing Director of Business and Corporate Banking Kevin Kingston, and Head of Agri-Business, Robert McCullough.
Speaking after the meeting, Mr O’Neill said: “The AFSB firmly believes that the support of the province’s financial institutions is key to the sustainable growth of the local agri-food sector. We have ambitious targets for the local industry and we welcome the engagement of Danske Bank in outlining how they can support the industry in reaching them.
“The AFSB has secured local political support for a £250m Farm Business Improvement Scheme, and local banks will be instrumental in helping the agri-food sector to make the most of this grant scheme.
“As well as the long term strategic support to the sector, we also pressed them on what Danske can do to help local producers through volatile times and I am pleased to say that they were very keen to explore the different mechanics by which they might be able to support farmers.”
This was the second in a series of meeting that the AFSB have held with senior figures from across Northern Ireland’s financial sector to outline the significance of their contribution to the growth of the agri-food sector.