Home Latest Financial disaster legacy has slowed adoption of recent expertise in Irish banking, S&P says

Financial disaster legacy has slowed adoption of recent expertise in Irish banking, S&P says

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Financial disaster legacy has slowed adoption of recent expertise in Irish banking, S&P says

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The report warned, nevertheless, that it will take a while for the Irish banks to meet up with the digitalisation of financial institution companies throughout a lot of Europe. Photo: Getty

​The potential for Ireland to be a European chief in fintech has been hindered by Irish banks’ legacy points from the monetary crash, particularly the clean-up of nonperforming loans, slowing new expertise adoption in line with a brand new report.

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