Finance

Global banks plan growth in Ireland despite financial turmoil

The Federation of International Banks in Ireland said they expected activity in their Irish operations to increase over the coming year

International banks plan further growth in their Irish headcounts despite wider financial turmoil. Picture: Photocall Ireland

Ireland’s banking industry is set for further expansion this year despite turmoil in the global financial system, with 65 per cent of international firms planning to hire additional staff.

Eight in ten respondents to a survey carried out by the Federation of International Banks in Ireland (FIBI) said they expected activity in their Irish operations to increase over the coming year.

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