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Diversity of location holds key to future success for Irish financial services

Concerted efforts are being made to encourage the industry to establish and operate in locations outside the capital, with balanced regional development central to Enterprise Ireland’s strategy for economic growth

Kieran Donoghue, head of IDA Ireland’s International Financial Services Division, said Ireland’s international financial services industry had been dramatically changed by organic expansion. Picture: Maxwells

Over the last five years or more, Ireland’s international financial services industry has been dramatically changed by organic expansion and a wave of Brexit-related investment, said Head of IDA Ireland’s International Financial Services Division, said Kieran Donoghue.

The sector is now home to more regulated and high-value activity across banking, insurance, investment management, fintech and payments and advisory firms. “The sector in Ireland reads like a Who’s Who of the global industry – Citi, Bank ...