Bloomberg News

Ireland, Troika Discussing Bank Tests Timing, Central Bank Says

January 16, 2012

Jan. 16 (Bloomberg) -- Ireland and its troika bailout partners are currently discussing the timing of this year’s round of bank capital stress tests.

“We are currently in the process of agreeing the broad timing and parameters of a future solvency stress test with the troika,” said Peadar Hayes, a central bank spokesman, by phone today.

While the Dublin-based bank had previously said it would carry out its annual bank tests at the same time as the European Banking Authority, a European Union official said last month that the EBA’s 2012 tests would be delayed until after June.

To contact the reporter on this story: Joe Brennan in Dublin at jbrennan29@bloomberg.net

To contact the editor responsible for this story: Finbarr Flynn at fflynn3@bloomberg.net


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