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Nov 27 2020, 08:45 GMT
Yesterday’s Central Bank of Ireland Financial Stability Review indicated that its economic forecasts would imply significant financial stress and loan losses but would still leave banks’ capital ratios well above regulatory minima. However, the analysis has not yet taken on board early encouraging data from the Banking & Payments Federation Ireland (BPFI) indicating that the vast majority of payment break loans have returned to full repayments.
Nov 27 2020, 08:45 GMT