Oireachtas Joint and Select Committees
Thursday, 19 October 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Engagement with the Central Bank of Ireland
9:30 am
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
I wish to raise the issue of Brexit and how it could impact on financial institutions in the State. I understand that the financial stability division of the Central Bank has carried out an assessment into the risks for Irish banks with UK market portfolios in the context of three different gradations of a hard Brexit and has assessed potential falls in the property market, unemployment rates and other factors. Will Professor Lane outline the level of exposure of the Irish banks to the UK mortgage market under the different Brexit scenarios?
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