A Swiss bank is reportedly set to move its trading operations to Dublin from London.

According to the Sunday Business Post, Credit Suisse is close to securing regulatory approval from the Central Bank to complete the switch. 

If it gets the green light, it could see up to 200 jobs created in Ireland. 

The bank is attempting to relocate some of its brokerage services to lower costs. The paper says the Irish Development Authority is assisting with the planned move, similar to its efforts in bringing Deutsche Bank to Ireland.

A decision from the Central Bank is expected in the summer.