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Ireland leaves capital buffer for banks unchanged

DUBLIN, Nov 17 (Reuters) - Ireland's central bank left the amount of capital banks must set aside as extra protection against future crises - the counter-cyclical capital buffer (CCyB) - unchanged at 1.5% in a biannual review on Monday.

The amount of core tier-one capital that major banks located in Ireland have to hold under a second macro-prudential measure - the so-called Other Systemically Important Institutions (O-SIIs) buffer - remained unchanged for five of six institutions identified as systemically important.

The Central Bank adjusted the buffer rate for Bank of America BAC.N Europe as part of a refinement to the overall O-SII buffer framework but said the adjustment does not reflect a substantive change in its underlying systemic footprint.

 (Reporting by Graham Fahy, editing by Padraic Halpin)

 ((graham.fahy@thomsonreuters.com;))

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