Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Good news everyone! The Boards.ie Subscription service is live. See here: https://subscriptions.boards.ie/

ireland ranked 139th for the state of its banks

  • 09-09-2010 04:38PM
    #1
    Closed Accounts Posts: 1,874 ✭✭✭


    From Rte website, http://www.rte.ie/news/2010/0909/competitiveness.html?ref=nf

    What does this signify? Is now the time to run to da hills?


    A report on economic competitiveness has placed Ireland bottom of a list of 139 countries worldwide for the state of its banks.
    The Global Competitiveness Report is compiled by the World Economic Forum after a survey of businesses in each country, and covers a range of factors affecting each country's business climate.
    Overall, Ireland has fallen four places to 29th in the 2010-11 report, dragged down by low rankings in the financial markets category.
    Advertisement

    In the 'soundness of banks' rankings, Ireland is last, behind even Iceland and Greece, while Ireland ranks only 117th for ease of access to loans.
    Access to loans was rated as the biggest problem for doing business in the Irish survey.


Comments

  • Closed Accounts Posts: 9,364 ✭✭✭ei.sdraob


    Ah got to love RTE with their indepth news reporting :rolleyes:

    here I mentioned this earlier, this post and links would be of interest


  • Registered Users, Registered Users 2 Posts: 6,920 ✭✭✭Einhard


    ei.sdraob wrote: »
    Ah got to love RTE with their indepth news reporting :rolleyes:

    here I mentioned this earlier, this post and links would be of interest

    I was looking at the figures in your post their ei., and in my somnolence I thought the "to" was "of", and they were our ratings out of other countries surveyed. I was thinking to myself, hmmmm they're not to bad really until I realised my mistake!!


Advertisement