DP10777 The Funding of the Irish Domestic Banking System During the Boom
| Author(s): | Philip R. Lane |
| Publication Date: | August 2015 |
| Keyword(s): | bank funding, international capital flows, irish crisis |
| JEL(s): | E50, F36, F45 |
| Programme Areas: | International Macroeconomics and Finance |
| Link to this Page: | cepr.org/active/publications/discussion_papers/dp.php?dpno=10777 |
This paper analyses the funding of the Irish domestic banking system during the boom period. We highlight: the shifting roles of deposit and bond funding; the prominence of foreign banks as funding counterparties; the role of interoffice funding; and the scale of US dollar and Sterling funding. From August 2007, the deterioration in funding conditions is clearly evident across a range of indicators.