The Central Bank has set capital buffer rates for the state and for AIB and Bank of Ireland, in line with new EU banking regulations.
The buffer rate for the two banks, both of which are deemed "systemically important institutions", has been set at 1.5 per cent. But the Central Bank said it would be introduced in phases, starting with a rate of 0.5 per cent from July 1, 2019 and increasing in steps of...
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