Oireachtas Joint and Select Committees
Tuesday, 20 December 2016
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Sector in Ireland: Central Bank of Ireland
11:00 am
Professor Philip Lane:
Core financial ratios, liquidity, capital and so on are in sufficient shape to withstand a shock. If there is European macro event that causes downturns across Europe and so on, of course, there will be the usual macro risk factors. In terms of the immediate set-up of these banks, they have high capital ratios and their liquidity situations are okay, so in that sense they should be sufficiently robust and resilient to withstand any type of financial shock.
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