Australian financial giant Macquarie is laying the ground to take more than €500m in special dividends from its European unit in Dublin. Macquarie Bank Europe, based in Dublin 4, said in a recent filing with the Companies Registration Office (CRO) that it was planning to create €510 million of profits available for distribution. The bank had €1.32 billion of common equity Tier 1 (CET1) capital at the end of March 2025, according to its most recent capital disclosure document. It is understood that Macquarie remains interested in the Irish social housing development sector, but plans to focus on public-private partnerships (PPP). The capital reduction carried out by Macquarie Bank Europe is not the only method used to extract trapped excess capital from the Irish unit of a foreign bank in recent months.

Source: The Irish Times January 03, 2026 13:33 UTC