Interestingly though, as the chart above shows, NPLs – amounting to € – only peaked in Ireland in Q4 2013, with an NPL ratio of 31.8%, more than two years after loans were transferred to NAMA.
Foreign direct investments or (FDI) for the first eleven months of 2019 reached $ billion, inching closer to the full-year projection of $ billion. We expect FDI to continue to slowdown due to mounting uncertainties in the global environment which continue to dampen investor sentiment, both externally and domestically.