State to target creating 5,000 extra jobs in financial services

Original target for the sector has already been exceeded as part of the ‘Ireland for Finance’ strategy

Sean Fleming, Minister of State for Financial Services: said the target in the updated version of the Ireland for Finance strategy would be to create another 5,000 jobs by 2026. Picture: Fergal Phillips

The state is going to set a new target of 5,000 extra jobs in the financial services industry.

The previous target was to increase the number of people employed from 44,000 in 2018 to 50,000 by 2025 as part of the “Ireland for Finance” strategy

However, that target has already been exceeded with 52,800 people now working in financial hubs such as the Irish Financial Services Centre (IFSC) in Dublin and in regional locations.

Sean ...