Ann: Central Bank of Ireland Update, page-62

I think to some extent that is true.

CBI needs to balance the interests of many:
- Traditional Banks
- Business (friendly) climate
- Emerging disruptive fintech

I have shared that traditional banks are closing outlets at alarming rates due to fintech.

I also think that Ireland is and needs to continue to be even more business friendly. Now with global minimum tax, it has a whole lot more incentive to be less of a pain in the arse, otherwise businesses just go to other countries to set up shop.

Being accepting to new fintech solutions will ensure that they capture this growth rather than missing out to other European countries, who are welcoming them with open arms. Denmark, France and Netherlands are just some fintech friendly countries.