While sanctioning  BIS Review 57/2003  5  the scheme of amalgamation, the Reserve Bank takes into account the financial health of the two banking companies to ensure, inter alia, that after the amalgamation, the new entity will emerge as much stronger bank.
Attracting these firms provide a range of employment opportunities, advanced technologies, export proficiencies, and management and manufacturing best practice. In recent years, agglomeration, where the successful operation of existing multi-national companies attracts additional investment within the same, or similar, sectors has helped. However, these connections also mean that the Irish economy experiences greater pass-through from developments in the global financial cycle.