NIB chief outlines his vision for city’s docklands

LOW rents, well-trained graduates and top class facilities will not be sufficient to lure financial institutions to Cork’s redeveloped docklands, a leading banker warned yesterday.

National Irish Bank’s chief executive Andrew Healy said financial incentives will have to be provided by Government as part of an overall package which could help transform the city’s docklands into a financial hub.

Mr Healy said that if Cork is to compete with Dublin in this sector then financial incentives will have to made available.