GLOBAL FINANCE

Firms located in Ireland provide Financial Services to every major economy in the world. International banks, investment managers, insurers, aircraft leasing operators and an array of other financial firms employ over 35,000 people and contribute €2bn each year in taxes.

Educated Talent Pool

More than eight out of 10 of those employed in the sector have at least a bachelor’s degree. Most work in insurance, banking and fund management. However, there is also a large Financial Services sector supporting a multitude of operations in Ireland, ranging from lawyers and accountants to IT providers.

Regional Spread

While Dublin acts as the main hub, the Financial Services sector has many operations spread throughout Ireland from Letterkenny to Cork, Galway to Kilkenny and Limerick to Waterford.

Robust Regulation

The Irish Financial Services Regulatory Authority (IFSRA) is the regulator of all Financial Services firms in Ireland. It is a distinct component of the Central Bank and Financial Services Authority of Ireland.

Strong Skills Base

The Summit Finuas Network is focused on maintaining Ireland’s position as a top international Financial Services centre through ongoing investment in the development of the necessary skills and expertise. The network is led by a steering group, which includes member companies and financial services industry associations.

FINANCIAL SERVICES HUB

Dublin is the main centre of Ireland’s Financial Services sector, where activity is focused around the Irish Financial Services Centre (IFSC). Established in 1987 by the Irish Government, the IFSC houses some of the world’s premier Financial Services institutions. A sophisticated support network including accountancy, legal actuarial, taxation, regulatory and telecommunications has grown up around it.

Vibrant Centre

The IFSC is an integrated development offering world-class office accommodation, executive housing and restaurants, plus excellent shopping facilities. The development has expanded beyond its original site and has become a vital part of the wider Irish economy.

The Heart of Education

The National College of Ireland is located in the IFSC providing further education on-site to the financial professionals who work there.

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