Irish banking system sound, says cb's Hurley

- Central Banking staff
- 21 Sep 2004

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Speaking at the publication of the central bank of Ireland's Financial Stability Report Tuesday 21 September, the governor, John Hurley, said: "The central aim of this report is to analyse and assess the overall health of the financial system and to point to any possible risks that could potentially hit the system."

"I am pleased with the overall conclusion of the report, namely, that the Irish banking system is currently fundamentally sound despite the slowdown in the growth rate of the economy

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