Fiduciam extends operations in Ireland
Fiduciam Ireland has started 2020 with a substantial increase in new business, both north and south of the border.
The firm adds that it intends to lend €50m in Ireland this year, an increase on its original projection, and will also be opening a Belfast office.
The company continues by outlining that it has already hired a new Irish case manager to help with the increase in enquiries.
Fiduciam highlights that it has been proactive in providing exit solutions for many of the borrowers left in debt following the financial crisis.
Kenneth Duffy, country manager for Ireland, said: “From an Irish perspective, the past three years have been incredibly challenging.
“The country has navigated Brexit and is now dealing with an outbreak of the Coronavirus.
“Throughout all the economic uncertainty, Fiduciam has remained fully committed to the Irish market.
“Fiduciam’s investment in Ireland continues into 2020, our team is growing and we are opening a Belfast office.
“Our commitment has paid off thus far, our market share has increased year on year and we fully expect this will continue into 2020, when Coronavirus has run its course”.