Ireland’s financial services success began in the 1980s with the formation of the IFSC. Today over 500 financial institutions and 40,000 employees make Ireland the 5th largest financial services market in Europe, contributing over 6% of gross value added.
Ireland’s growth drivers have included ultra-high innovation, FinTech and expertise in niches including Treasury, Leasing, Insurance and Fund Management. Ireland’s rapid recovery from the 2008 financial crisis makes it one of the most studied regulatory regimes in the world.
Post-Brexit Ireland will be the only English-speaking financial centre of size in the EU and Eurozone. A significant number of global financial institutions have already relocated their operations and domicile to take advantage of this opportunity.
Historically Estonian financial services firms such as LHV and Transferwise have favoured the UK for expansion, going forward IEBN believes Ireland offers a superior proposition.
IEBN and its government partners can provide a range of insights and connections in Irish financial services on request.