Ernst & Young and KPMG sent into Irish banks

Two leading accountancy firms have started work on assessing the asset quality of Irish bank loan books, as part of an agreement with the troika.

Ian Kehoe - avatar

Ian Kehoe

21st September, 2013
The Central Bank.

Two leading accountancy firms have started work on assessing the asset quality of Irish bank loan books, as part of an agreement with the troika to undertake this study before we leave the bailout.

A technical team from the troika was in the Central Bank in Dublin last week, agreeing the parameters for the tests, which will assess the loans on the bank balance sheets and whether the provisions made against them are sufficient.

*The...

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