Banking
Lorcan Allen: Bankinter has its work cut out to bring real competition to Ireland’s mortgage market
The Spanish lender will need time to grow its market share in Ireland as it seeks to erode the dominance of the two big pillar banks
For a country with one of the youngest and wealthiest workforces in Europe, not to mention a major housing shortage, it has long been a source of curiosity why international retail banks are so put off by Ireland.
From a macro perspective, all of the key ingredients are there to suggest Ireland should be a hugely attractive and profitable market for international banks seeking growth.
Buoyed by strong foreign investment and a very well-educated workforce, ...
