Market Research Report
Ireland Retail Banking 2020 - Review, Forecasts, and Future Opportunities
|Published by||GlobalData||Product code||995577|
|Published||Content info||34 Pages
Delivery time: 1-2 business days
|Ireland Retail Banking 2020 - Review, Forecasts, and Future Opportunities|
|Published: March 8, 2021||Content info: 34 Pages||
This report explores trends in the Irish retail banking sector and provides insight into consumer preferences and behaviors. It highlights some of the most important data points available on the performance of the sector compared to other markets as well as the performance and perception of firms within the industry. New trends and innovations are also noted, as are the implications of COVID-19 for the sector.
Growth in the Irish retail banking sector has been moderate over the past decade, having been significantly impacted by the global financial crisis. Until 2020, economic growth in Ireland had been strong following a deflationary period in 2016-17. The country's pro-business environment has supported the economy and made Ireland home to many multinational companies. COVID-19 significantly altered trajectories in 2020, although a strong recovery is expected in 2021. Brexit negotiations also threatened business and consumer confidence in Ireland and its surrounding markets, but the avoidance of a no-deal scenario has buoyed confidence.