BOI to open three Burdale offices

- New offices in Manchester, Leeds and Birmingham, opening on 01 June 2005

- Strategy to continue to expand the business as a leading comprehensive asset based lender, focusing on businesses requiring financing of £5m +

- Judith McMath and Gary Davison, founding members of Enterprise Finance Europe, Bank of Ireland’s receivables financing business, are to head the new Manchester & Leeds offices

- Ian Bramley joins Burdale from GMAC to head the Birmingham office

- Reflects Bank of Ireland’s desire to support further investment in the development of Burdale’s successful business model.

Commenting on the ambitious regional expansion programme, Dennis Levine, CEO of Burdale said; "I am delighted to be announcing the opening of three new regional Burdale offices. This expansion is the first stage of an aggressive and comprehensive growth strategy in terms of both geographical coverage and product development. We believe this puts us in a very strong position to further consolidate and enhance our existing market leading position."