Credit ratings agency and newest Glandore Members, KRBA, to create 100 new jobs in Dublin
Photo credit via independent.ie
We are thrilled to welcome newest Glandore Dublin Members, Kroll Bond Rating Agency, to Glandore Dublin and the Glandore Members Network. Established in 2010, KBRA is a full-service credit rating agency, covering a range of markets including Structured Finance, Aviation, Public Finance, Financial Guaranty, Financial Institutions, Project Finance, Insurance and Corporates. KBRA now has over 275 employees across the United States and has published over 8,000 ratings totalling $740 billion.
Based on their existing growth in the US, KBRA has chosen to expand into the European market, by setting up their EMEA headquarters in Dublin. This move expects to create over 100 new jobs for the country in the next three years.
Announcing KBRA’s plans, An Tánaiste and Minister for Business, Enterprise and Innovation Frances Fitzgerald TD, said:
“I’m delighted that KBRA has chosen Dublin for its international HQ. The Government has been making strenuous efforts to ensure that we have the right conditions in place here to attract the knowledge based sectors, and announcements like this one today are a proof of these efforts. I’m confident that you will find the skills you require from our thriving Financial Services Sector and I look forward to a mutually beneficial relationship in the coming years.”
We sincerely look forward to housing and supporting Kroll Bond Rating Agency at Glandore, throughout their development and growth in Dublin in these next crucial years.
“KBRA is thrilled to open our first international office in a great city such as Dublin. We are so grateful for the city’s welcoming reception of our firm and we look forward to our growth within Dublin and across Europe”
Jim Nadler, President & CEO.
Along with other financial service institutions moving to Dublin, IDA Ireland CEO Martin Shanahan cites that “this is another Brexit win for Ireland and indicates that financial institutions that may have previously chosen London now view Dublin as a viable post-Brexit solution.”