AIB
Banking Services
for FDI in Ireland
Interview with Diarmuid O’Neill,
Head of International Corporate Banking, AIB
The International Corporate Banking section of AIB
deals with international companies that have made
investments in Ireland.
It is well known that Ireland has had a lot of FDI
from the United States. From what other countries
are companies establishing offices here?
A:
Ireland has always been a key global
location of choice for FDI. When you look back
over recent decades the US has been the main
geography for FDI. The global recession has not
changed this dynamic with close to 80% of FDI in
2012 originating from the US. The IDA launched
their strategic outlook during 2012 and they see
the BRIC countries as being a growth area – in fact
the IDA forecasts that by 2014, 20% of green-field
investments into Ireland will originate from these
high-growth markets. To support this strategy, the
IDA opened offices across these countries in an effort
to diversify our FDI base.
Given your experience in dealing with
multinational companies that make Foreign Direct
Investments in Ireland, in what sectors do you
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