Ireland’s growth rates attract the Danes

JUST think how the market would react to either of Ireland’s top two Irish banks — AIB and Bank of Ireland — announcing a €1billion plus take-over of a Danish bank?

Reverse the exercise and you have an idea what the Danes are thinking about the €1.4bn purchase by Denmark’s Danske Bank of the Northern Bank and National Irish Bank from National Australia Bank.

So what’s bringing them here? It’s the economy, stupid. Ireland’s forecasted growth rates are the highest in Europe.