Here comes the cooldown

Here comes the cooldown
Central Bank's overheating concerns. Pic: RollingNews

With an overheating housing market boosting lending, the Central Bank is indicating it will move to force banks to increase their capital reserves. But are the banks ready for the consequences?

After the financial crisis that brought the world’s banks to their knees, the ability of regulators to prevent and intervene before the situation got out of control was questioned. Did they have enough power to stand up to the might of global banking giants? The answer to that was well and truly no. There may have been warnings about the dire consequences of outrageous actions by financial institutions, but nobody paid any heed to them....

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription

€1

For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription

€200€149

For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription

€55€42

For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post