Applications have been processed from over half the 100-plus financial-services companies that want to set up or extend operations in Ireland because of Britain's plans to quit the European Union, the deputy governor of the Central Bank said today.

The Central Bank said that the number of applications increased in the second half of 2018.

They came from almost every sector, from investment to insurance to payment firms, it added. 

"Since the Brexit referendum, the central bank has seen an increase in the number of applications for authorisation from all sectors," the Central Bank's Deputy Governor Ed Sibley said in a statement. 

"Currently over half of the Brexit applications received have been fully processed and we expect that an additional significant number will be processed in full over the coming weeks," he added. 

Barclays, Bank of America, Standard Life Aberdeen, Legal & General Investment Management are among the companies who have chosen Dublin as a post-Brexit base.

The city had faced stiff competition from rival centres including Luxembourg, Frankfurt and Paris. 

IDA Ireland has said that Ireland gained over 4,500 jobs last year as a result of Britain's decision to leave the European Union.