The "wholesale" funding that Irish banks used for real estate loans came primarily from:

Question

Quizplus · Accepted Answer

Irish banks used short-term loans from other banks and private investors as a primary source of wholesale funding for real estate loans. This became a significant issue during the financial crisis as these short-term loans became difficult to renew, leading to funding difficulties and ultimately bank failures. While the Irish government and EU central bank did provide some funding support, they were not the primary source of wholesale funding for Irish banks. Bank deposits of individuals would be considered retail funding rather than wholesale funding.

The "Wholesale" Funding That Irish Banks Used for Real Estate