The Central Bank has issued its Financial Stability Review,
The Governor of the Central Bank has warned the post-pandemic recovery will be 'uneven and bumpy' across sectors.
Gabriel Makhlouf was speaking at the launch of it's Financial Stability Review, which predicts the true shock of the crisis will be revealed when Government supports end.
Today we have published our first Financial Stability Review of 2021 which assesses the key risks facing the financial system, and the resilience of the economy and financial system to adverse shocks. Read more šhttps://t.co/rPuypgnyaw [1/4] pic.twitter.com/kUHlp4AzbQ
— Central Bank of Ireland (@centralbank_ie) June 16, 2021
He also says its a priority that lenders continue to 'play their part' in managing the fallout of the pandemic.
Mr Makhlouf has asked them to keep coming to arrangements with recovering business by restructuring or showing restraint on their loans.
Government supports have cushioned the impact of the shock on households and businesses, but the full extent of borrower distress will only become apparent as supports unwind [3/4] pic.twitter.com/Gng5Rkriqa
— Central Bank of Ireland (@centralbank_ie) June 16, 2021
HSE Met Ryanair For Operational Tips On Tackling Hospital Delays As Naas Hospital Lists Grow
Baltinglass GardaĆ Issue "Urgent" Appeal To Find Missing 24-Year-Old Robert Healy
National Ploughing Championships To Draw Record Crowds Amid Expanded Grounds In Screggan
Baltinglass GardaĆ Seek Information After Ballinglen Crash Leaves Three Teenage Girls Seriously Injured
Learner Drivers Face Extra Lessons Under Planned Permit Crackdown
Trial Of Former Paratrooper Charged With Two Murders On Bloody Sunday Begins In Belfast Today
Conor McGregor Withdraws From Presidential Race, Citing āOutdated Constitution"
Lucan Search And Arrests Linked To False IDs, Foreign Bank Cards, And Large Cash Haul
