Irish banks poised to face increased capital demand

Central Bank decision expected to be made within next 10 days

27th June, 2018
Last month, the Central Bank said it saw a growing argument for building buffers, as home prices rise and the economy strengthens Pic: RollingNews.ie

Irish banks are set to be forced to hold more capital to cope with a future economic downturn, according to a person familiar with the matter.

The Irish Central Bank is leaning toward increasing the so-called counter cyclical capital buffer from zero per cent in the coming months, according to the person, who asked not to be identified as the information is not yet public. The bank could announce an increase within the next 10...

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