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.