Irish domestic banks’ foreign claims fell to €187bn at end-March 2011; UK/Northern Ireland at €115bn
Jun 16th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Central Bank of Ireland today published updated statistics on the domestic Irish banking system’s claims on the rest of the world. These consolidated banking statistics detail the claims of the domestic banks on non-Irish residents, by counterpart country and sector on an ultimate risk basis i.e. according to the country and sector where the ultimate guarantor of the risk resides. This is a similar dataset to the Consolidated Banking Statistics published by the Bank for International Settlements (BIS) but differs in that the Central Bank dataset refers only to the domestic Irish banks.