Galway Bay fm newsroom - 5% of corporate insolvencies nationwide last year were recorded in the West of Ireland.
A marginal increase in corporate insolvencies was recorded in Ireland in 2020, according to the latest insolvency statistics published by Deloitte.
The highest number was recorded in Leinster, with 73% of total appointments.
Munster had 17% of appointments, Connaught had 5%, and Ulster had 5%.
It's thought Government supports and business innovation have helped to bring down the number of firms filing for insolvency.
Insolvencies were sought across a wide variety of sectors including services, construction, retail and hospitality.
Partner at Deloitte David Van Dessel says pandemic supports have played a big role in keeping many firms afloat.
