Financial and Business Services sector in Ireland

250 of the world’s leading financial services firms – including half of the world’s top 50 banks – have internationally focused operations in Ireland. This presence has allowed Ireland to become a major global hub for fund administration, aircraft leasing, insurance and a range of wholesale banking activities.

Market overview

Across the sector, as of 2010, there were over 500 firms in Ireland, employing circa 32,000 persons directly, 6,000 of which were employed by indigenous companies.

Underlining further the sector’s significance is the fact that 10 percent of all multinational employment and 7.4 percent of Irish GDP is derived from the sector. While, across the EU27, circa 5 percent of all cross border financial service activity originates from Ireland.

Key opportunities

Key opportunity areas include:

  • Banking

  • Insurance

  • Funds

  • Payments

  • Technology

  • Treasury

  • Securitisation

  • Aircraft Leasing

Latest export opportunities in the Financial and Professional Services sector

Latest export opportunities in Ireland

Getting into the market

British companies wishing to enter and / or develop their business in the Irish market are advised to undertake as much market research and planning as possible.

There are few barriers to entry, with the same language used, similar legal and regulatory structures, as well as numerous established cultural and business links.

UKTI’s team in Ireland, with its wide local knowledge and sector experience, can provide a range of services to British-registered companies wishing to grow their business in the Irish market.

This includes, but is not limited to:

  • Provision of market information;

  • Validated lists of agents / distributors / other contacts, as required;

  • Key market players or potential customers in the Irish market;

  • Establishment of interest of such contacts in working with you;

  • Arranging appointments; and

Organising seminars or other events for you to meet contacts and promote your company in the Irish market.

More about doing business in Ireland

Contacts

Market intelligence is critical when doing business overseas, and UKTI can provide bespoke market research and support during overseas visits though our chargeable Overseas Market Introduction Service (OMIS).

Gavin Davidson

British Embassy

29 Merrion Road

Ballsbridge

Dublin 4

Telephone: 00353 (0)1 205 3759

Email: gavin.davidson@fco.gov.uk

Country Website: www.gov.uk/government/world/organisations/british-embassy-dublin

Organisation Website:

www.ukti.gov.uk

Contact your local international trade team

Major Events

The European Insurance Forum

9th – 10th May 2013

www.europeaninsuranceforum.com

European Operations Management Conference 2013

7th – 12th June 2013

www.euroma2013.org

Global Tax Policy Conference 2013

17th – 18th October 2013

www.irishtaxinstitute.ie

UKTI Events

UKTI runs a range of events for exporters, including seminars in the UK, trade missions to overseas markets and support for attendance at overseas trade shows.

Federation of International Banks of Ireland Conference 2013

Marker Hotel, Dublin

17th September 2013

www.fibi.ie

International Corporate Restructuring Summit 2013

National Convention Centre, Dublin

25th September 2013

www.corporaterestructuringsummit.ie

Corporate Treasury & Cash Management Conference 2013

Gibson Hotel, Dublin

20th November 2013

www.corporatetreasury.ie

Latest events in Financial and Professional Services sector

Latest events in Ireland

Useful links

More about OMIS and other UKTI services for exporters

Sectors: Financial & Professional Services
Countries: Ireland
Menu
Export Action Plan