Irish banks to get all-clear this week after stress tests

AIB and Bank of Ireland are the only two Irish lenders covered by the European Banking Authority

Bank of Ireland and AIB are set to be cleared this week

Irish banks are set to receive the all-clear in the latest round of European stress tests on their books later on this week, even as concerns mount about ballooning staff pension fund deficits.

AIB and Bank of Ireland are the only two Irish lenders covered in the European Banking Authority (EBA)’s scrutiny of loan books and balance sheets, with the results due to be released late on Friday night.

Banking industry sources said ...