Deutsche Bank has announced that it will generate over 700 jobs in Dublin over the coming years.
The German bank, which already employs over 300 people in Ireland, said it plans to significantly grow its operations in Dublin by moving to a new office at Eastpoint Business Park.
The bank, which has had operations in Ireland since 1991, said it aims to create a regional hub and centre of excellence in the city.
Deutsche Bank will start recruiting for the new jobs next year. It plans to hie staff to work in trade finance, cash management and technical and operational roles.
The Dublin expansion is being supported by IDA Ireland.
Commenting on the new jobs, the Minister for Jobs, Enterprise and Innovation Richard Bruton said that today’s news is a huge vote of confidence in the country’s international financial services sector and in the Irish economy.
“International financial services is a key sector targeted as part of the Government’s Action Plan for Jobs. This is a sustainable, export-driven industry where Ireland has developed major strengths and we have put in place important changes to target substantial jobs growth in the coming years,” he added.
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