Europe

Deutsche Bank to generate 700 jobs in Dublin

Bank
Image caption Deutsche Bank is to generate hundreds of new jobs in the Republic of Ireland.

Deutsche Bank is to create more than 700 jobs in the Republic of Ireland.

The German bank said the majority of the jobs would be in place in Dublin over the next two years.

The bank already employs more than 300 people in Ireland. It was first established there in 1991.

It intends to grow operations by moving to a new office at EastPoint Business Park in the city. The bank will start recruiting for the new jobs next year.

It plans to hire staff to work in trade finance, cash management and technical and operational roles.

The company said the quality of Ireland's workforce was one of the main reasons it chose Dublin as its location.