Ireland: Extended Arrangement-Interim Review Under the Emergency Financing Mechanism
February 9, 2011
Download PDF
More Formats on IMF eLibrary
Order a Print CopySummary
The Executive Board approved a three-year Extended Arrangement under the Extended Fund Facility (EFF) for Ireland under the exceptional access policy and Emergency Financing Mechanism (EFM). Political developments have been turbulent. The authorities are moving ahead with a comprehensive strategy to restore confidence in the banking sector. The program objectives for the financial sector, while simple and straightforward, require complex strategies for implementation. Efforts are under way to address data gaps and further strengthen data quality. Robust procedures for program monitoring have been established.
Subject: Asset and liability management, Asset valuation, Banking, Capital adequacy requirements, Commercial banks, Credit, Financial institutions, Financial regulation and supervision, Financial sector policy and analysis, Money, Stress testing
Keywords: asset, asset market, Asset valuation, bank, bank capital, bank data, Capital adequacy requirements, capital ratio, Commercial banks, CR, Credit, ECB criteria, government, Ireland, ISCR, Stress testing
Pages:
10
Volume:
2011
DOI:
Issue:
047
Series:
Country Report No. 2011/047
Stock No:
1IRLEA2011001
ISBN:
9781455217779
ISSN:
1934-7685
