CB of Ireland's Financial Stability Report 2005

The Central Bank of Ireland published its annual Financial Stability Report on Tuesday 1 November . The Report concludes that the Irish banking system is in a good state of health and is reasonably well placed to cope with adverse developments in the short to medium term.

However, the Report also points out that the main vulnerability to financial stability in Ireland is the increasing level of credit growth and indebtedness.

Speaking at the launch of the Report today, Central Bank Governor, John

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