AIB gets its assessment from Central Bank

Monday 02 December 2013 17.28
AIB says it believes it continues to be "well capitalised"
AIB says it believes it continues to be "well capitalised"

AIB has confirmed that it has received its balance sheet assessment from the Central Bank.

It said it will consider the results in the preparation of its end of year statement.

In a statement, the bank said that based on an initial assessment of the findings, it believes it continues to be "well capitalised and in excess of minimum regulatory requirements".

All the banks were understood to have received the results of their asset quality reviews over the weekend.

The Central Bank confirmed that it had written to AIB, along with Bank of Ireland and permanent tsb, to confirm the outcomes of their Balance Sheet Assessments.

It said that, as the assessments were part of the wider review by the European Central Bank, the individual results of each BSA would not be published.