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.