Friday 15 November 2019

Smurfit MBAs climb the 'FT Top 100' rankings

Smurfit Business School
Smurfit Business School

The UCD Michael Smurfit Graduate Business School has risen 18 places to 73rd in the world in this year's 'Financial Times' Top 100 Global Full-time MBA Rankings. The analysis also ranks UCD Smurfit School as 22nd in Europe, a climb of three places on last year.

The main reason for the jump is that graduates surveyed from the UCD Smurfit MBA saw their salary increase on re-entry to the workforce by an astonishing 69pc to $108,154.

Bank of Ireland inks €4.5bn in loans to SMEs

Bank of Ireland approved loans worth €4.5bn to SMEs last year, the bank said yesterday. That was a 13pc increase on the same period last year. The €4.5bn figure includes new and increased lending but does not include restructures.

Bank of Ireland said it received almost 61,000 credit applications, or 8pc more than the previous year. About 88pc of applications received approval. The bank said it now accounts for more than half of new non-property lending.

Agriculture continued to be an important growth sector for the bank, with overall approvals to the sector exceeding €620m, a 19pc increase over the previous year. Around €135m was approved for the purchase of 24,000 acres of land.

Lloyds pharmacy sees 18pc jump in sales

The 87-store Lloyds pharmacy chain said sales jumped 18pc last year as gift sets, perfumes and beauty ranges proved popular with consumers. Online sales soared 37pc from 2013.

Male gift sets proved to be the most popular, closely followed by sales of make-up gift sets and skincare hampers. The top best-selling gifts all sold at €15 or less. "We are determined to expand further," said managing director Goretti Brady.

"Our acquisition criteria includes further strengthening our presence in urban communities nationwide, and identifying ambitious, progressive pharmacy owners who share our focus on delivering quality health and well-being solutions."

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