Bloomberg "Anywhere" Remote Login Bloomberg "Terminal" Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Irish Banks Start Trend of Deposit Growth, Finance Official Says

Oct. 12 (Bloomberg) -- Irish banks’ reliance on central bank funding will be lower at the end of the year than it was at the start, according to John Moran, head of bank restructuring at the finance ministry.

Banks “are now starting a trend” of deposit growth, following a “catastrophic fall-off’ in deposits before lenders were recapitalized, Moran said in a speech in Dublin today. He said banks are also pressing ahead with deleveraging.

Link to Company News:{2539Z GR <Equity> CN <GO>} Link to Company News:{ALBK ID <Equity> CN <GO>}

To contact the reporter on this story: Joe Brennan in Dublin at jbrennan29@bloomberg.net

To contact the editor responsible for this story: Dara Doyle at ddoyle1@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.