Central Bank recorded loss of €795m last year

Bank's finances remain in 'robust health', with substantial buffers

Central Bank governor Gabriel Makhlouf said the bank's financial position remained robust, despite the losses. Picture: Sam Boal / RollingNews.ie

The Central Bank of Ireland made a loss of €795.4m last year as a consequence of using its balance sheet as a tool for monetary policy.

Publishing its annual report, the CBI said the utilisation of its general risk provision brought the result to a nil profit for the year.