The Central Bank of Ireland has published its 2025 Annual Report and Annual Performance Statement, summarising its policy and supervisory work in 2025, setting out a more uncertain outlook for the Irish economy and reporting a EUR 104.6 million loss while stating that its financial position remains robust. The publication highlights the revised Consumer Protection Code, continued development of the Innovation Sandbox programme and new statutory responsibilities to safeguard access to cash across Ireland. It says modified domestic demand grew by around 5 per cent in 2025, but growth is expected to slow as momentum outside multinational-dominated sectors eases and global developments weigh on activity. Referring to its Quarterly Bulletin, the Bank adds that higher oil and gas prices after recent developments in the Middle East are expected to lower growth and lift inflation to 2.9 per cent in 2026 and 2.6 per cent in 2027, with more severe outcomes possible if energy supplies are further disrupted. Other 2025 work included analysis of the evolving global trade environment and the impact of US tariffs on Ireland, stronger supervisory frameworks and a roadmap to simplify regulation and supervision while maintaining resilience and protections. The reported loss is linked to the use of the balance sheet for monetary policy purposes and is covered by reserves. For the year ahead, the report identifies priorities including resilience to macro-financial and geopolitical risks, consumer and investor interests and technology-driven transformation.
Central Bank of Ireland2026-06-05
Central Bank of Ireland publishes 2025 annual report detailing revised Consumer Protection Code and EUR 104.6 million loss
The Central Bank of Ireland’s 2025 Annual Report and Performance Statement records a EUR 104.6 million loss from monetary policy operations but says its financial position remains robust. It highlights the revised Consumer Protection Code, continued Innovation Sandbox development, new statutory responsibilities to safeguard access to cash, and work on supervisory frameworks and a roadmap to simplify regulation and supervision. It notes slowing growth amid higher energy prices and sets priorities including resilience to macro-financial and geopolitical risks, protection of consumer and investor interests, and technology-driven transformation.