AIB and Bank of Ireland have released statements (one somewhat shorter than the other) following the results of the balance sheet assessments carried out by the Central Bank.
UPDATE: The statement released from PTSB at 11am also reflects a paucity of information.
Judgment here.
UPDATE. The following is probably also relevant here:
“That Dáil Éireann:
calls on the Government:
— to immediately lobby the European Central Bank for a one-off exemption from the rules of monetary financing, to allow the Central Bank of Ireland to destroy the €25 billion in sovereign bonds issued in February of this year, in lieu of the remaining promissory notes, plus the €3.06 billion bond also being held by the Central Bank of Ireland in payment for the 2012 promissory note; and
— to cease any and all interest payments currently being made on those bonds.”
The Institute of International and European Affairs will host a conference in the Convention Centre Dublin on Monday, 2 December that will feature a series of keynote addresses and panel discussions to consider the rapidly changing banking environment in the context of the proposals for a banking union in Europe. The implications of these developments, including what they mean for the future of the euro, the management of financial crises in the Eurozone and the likely impact on businesses and individual consumers, will also be addressed. Additional details can be found here.
Alan Ahearne writes on this issue here.