Market analysts say Bank of Ireland, AIB and Permanent TSB are in a strong position due to regulations which have sometimes been viewed as an albatross around the neck of the financial sector
Ireland’s stringent banking rules should allow the country’s main lenders to evade any significant turbulence arising from the forced sale of Credit Suisse and the collapse of Silicon Valley Bank, according to analysts.
Since the financial crash of 2008, Irish banks are required to hold significantly higher amounts of capital than their peers across the EU, which is a policy often criticised by some in the financial sector.
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Ireland’s banking rules should help lenders soothe investors and avoid shocks – analystsIreland’s stringent banking rules should allow the country’s main lenders to evade any significant turbulence arising from the forced sale of Credit Suisse and the collapse of Silicon Valley Bank, according to analysts.
Read more »