Oireachtas Joint and Select Committees

Thursday, 5 December 2019

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Central Bank: Discussion

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

Mr. Makhlouf, in his presentation, referred to plans regarding the development of a number of buffers regarding the capital of banks, particularly cushions against different types of risk, including an economic downturn. What is his view on the financial well-being of the mainstream banking system, that is, the pillar banks? How does he see the Irish, European and world economies developing over the next short period?

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