Bank of Ireland has partnered with Google to offer up to 10,000 artificial intelligence training scholarships exclusively for its small and medium-sized enterprise customers. The initiative aims to equip Irish SMEs with AI skills as businesses increasingly integrate these technologies into their operations.

The scholarships will provide access to Google’s AI training programs, helping small business owners and their teams understand and implement AI tools to improve efficiency and competitiveness. This comes as financial institutions worldwide race to support clients in adopting emerging technologies that are rapidly reshaping business operations across all sectors.

The program specifically targets Bank of Ireland’s SME customer base, positioning the lender as a technology enabler beyond traditional banking services. Small businesses gaining AI capabilities could see improved operational efficiency and reduced costs, potentially strengthening their financial performance and creditworthiness.

FXnCO Insight

Banks offering tech education partnerships signal a strategic shift toward value-added services that could strengthen customer retention and improve SME loan portfolio quality as clients become more competitive.

Source: Finextra