Ireland's banking federation lays out plans to unlock lending capacity

BPFI makes submission to the European Commission’s consultation on the competitiveness of the EU banking sector

BPFI chief executive Brian Hayes. More efficient use of bank capital and consistent application of EU banking rules are required to unlock lending capacity for households and businesses and support economic growth, BPFI has said.

More efficient use of bank capital and consistent application of EU banking rules are required to unlock lending capacity for households and businesses and support economic growth, the Banking & Payments Federation Ireland (BPFI) has said.

In a submission to the European Commission’s consultation on the competitiveness of the EU banking sector, the BPFI has called for targeted reforms to improve the effectiveness of the EU’s banking framework and deliver a level playing field for banks operating across the Single Market that does not disproportionately impact smaller countries, such as Ireland.