The structure of the Irish financial system has been fundamentally altered over the last decade by international non-bank finance, and economic vulnerabilities now need to be urgently assessed, according to the Central Bank.
The substantial growth of the “market-based finance sector”, also known as “shadow banking”, has led the Irish financial system from being “broadly balanced between bank and non-bank financial activities” a decade ago, to now being dominated by non-bank financial institutions....
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team