Treasurer body wants action on banking rumours

The Central Bank has been called on to take more action to quell rumours about the health of the Irish banking sector by the Irish Association of Corporate Treasurers (IACT).

13th September, 2008

The Central Bank has been called on to take more action to quell rumours about the health of the Irish banking sector by the Irish Association of Corporate Treasurers (IACT).

The association said that the Central Bank should immediately make information relating to the creditworthiness of Irish banks readily available to businesses. It believes that the regulator needs to be more proactive in educating companies and consumers on credit risk ‘‘to knock rumours on the...

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