Irish banks can absorb ‘bottoming out’ commercial real estate price falls, regulator says
11/06/2025 12:30
DUBLIN, June 11 (Reuters) - Ireland's domestic banking system continues to have sufficient capacity to absorb recent falls in commercial real estate valuations that appear to be bottoming out, the Irish central bank's head of financial stability said on Wednesday. "We do stress them to very considerable declines in prices of commercial real estate, much more considerable than we have experienced, and banks' balances are able to withstand that,” Mark Cassidy told a news conference. "There do remain vulnerabilities in relation to the non-bank sector," he said. "I would say more because it is not as well tested, but we haven't seen any signs of stresses there either." (Writing by Padraic Halpin; Editing by Conor Humphries) ((conor.humphries@thomsonreuters.com; +353 1 236 1915;))