Central Bank divisions over stress tests

It is believed different views have emerged within the Central Bank about what would happen if an Irish bank needs more capital following the stress tests this year.

It looks as if the stress tests of the Irish banks will be conducted later this year before the country exits the EU/IMF bailout programme in November.

The last round of stress tests carried out in March 2011 found that an extra €24bn in capital was needed for the three pillar banks.