Banks will be ‘fixed’ by end of year

IRELAND’S major banks will have left the worst behind them and be “fixed” by the year end, Central Bank governor Patrick Honohan believes.

“People may not fully internalise and appreciate that we’ve fixed the banks until they suck it and see,” Mr Honohan said in an interview with Bloomberg.

“It may be some months before the market fully realises that this is working out,” he added.