Experts prepare for bank stress tests

Personnel from Blackrock International are in the Central Bank preparing the groundwork for the next round of stress tests on Irish banks, which will be held this year, the Irish Examiner has learned.

However, the Department of Finance has said in the latest memorandum of understanding with the troika that it will not publish the results of the stress tests until the European-wide EBA stress tests are unveiled next March.

According to a source, Blackrock International has been meeting with Central Bank staff over the past couple of weeks with the aim of setting out the terms of the stress tests.