However, some key results published to date, suggest that Irish credit institutions continue to increase profits, but at a slower rate than in previous years. Irish banks remain well capitalised with strong solvency ratios and, to date, there has been only a marginal increase in impaired loans. Provisioning levels have also been maintained suggesting that the banking system is well covered against loan losses.
Among various types of these assets, investors often prefer T-Bills because they are not only eligible collateral for borrowing from the Bank of Japan but also most suitable as collateral pledged against other money market and derivative transactions.