Ireland’s regulator moots new capital facility for banks

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The Central Bank of Ireland is considering introducing further measures to beef up its banks' capital buffers in the wake of the announcement that the country will receive a loan thought to be worth €80 billion ($108 billion) from the European Union (EU) and the IMF.

Matthew Elderfield, the head of financial regulation at the Central Bank of Ireland, on Monday said the possibility of further losses beyond those assessed by the central bank's stress tests, known as prudential capital assessment

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