The Irish government is in the midst of the largest reopening of its financial services sector in the country’s history.
The Irish Times is reporting that a “new era of financial inclusion” will begin in Ireland, with a new suite of services including a financial advisers’ centre in Dublin.
The financial services giant BMO Capital Markets said it would expand services to a number of key sectors, including the mortgage market, credit and insurance, insurance, real estate, realestate finance and mortgage lending.BMO said it will create 100 new jobs across the financial services and insurance sectors, and employ 5,000 people in its Dublin offices.
The centre will be part of a multi-billion-euro plan to create 2,500 jobs by 2020, and the company said it was committed to creating and training more staff.BMC and BMO have previously invested heavily in the Irish banking sector, with the latter acquiring Irish Bank Resolution Corp in 2016.
In recent years, the Irish Government has been looking at the financial sector as part of its strategy to create more jobs and support the recovery.
Last month, the Government announced it would spend $1bn over three years to create 3,000 jobs in the financial sectors, with an additional $100m to go towards jobs in other sectors.
