Central Bank of Ireland Financial Stability Review 2025:I (centralbank.ie)

• Risks to global financial system have risen since December 2024 due to trade barriers and uncertainty.
• Domestic economy on stable but slower growth path; high exposure to US FDI and tariffs.
• Domestic banking sector resilient with robust capital and liquidity; CCyB maintained at 1.5%.

"The Central Bank of Ireland's Financial Stability Review 2025:I identifies increased risks to the global financial system due to trade tensions and policy uncertainty, particularly affecting Ireland's open economy heavily dependent on US FDI. Domestic conditions remain positive but forecasts revised down. The banking sector is resilient but faces potential credit and market losses. Non-bank financial intermediaries managed April market turmoil orderly but structural vulnerabilities persist. The Central Bank maintains the countercyclical capital buffer at 1.5% and emphasizes continued prudent risk management and resilience building against cyber and climate risks."