Banking industry in Ireland - statistics & facts
The banking industry in Ireland has undergone significant transformations over the past few decades, marked by the consolidation of domestic banks and the entry of foreign institutions. One of the most notable changes was the wave of mergers and acquisitions that reshaped the sector in the aftermath of the 2008 financial crisis. These changes reduced the overall number of banks in Ireland, and resulted in a higher concentration ratio of banking assets among fewer institutions.
