Oireachtas Joint and Select Committees

Tuesday, 23 September 2025

Committee on Budgetary Oversight

Pre-Budget Engagement (Resumed)

2:00 am

Dr. Robert Kelly:

Yes. In terms of our capital, some of our buffers continuously change. The countercyclical capital buffer is continuously reviewed on a quarterly basis and reflects the risks in the economy. That one has been moved several times. Our mortgage measures underwent a large review, from memory about three to four years ago, and there were adjustments of the level and the level of allowances.