Bank tier 1 capital reached 50.5 EUR bil in 2017 in Ireland, according to the National Central Bank. This is 10.2 % less than in the previous year.
Historically, bank tier 1 capital in Ireland reached an all time high of 64.8 EUR bil in 2011 and an all time low of 5.14 EUR bil in 1995. When compared to Ireland's main peers, bank tier 1 capital in Canada amounted to 254 CAD bil, 599 ISK bil in Iceland and 495 GBP bil in United Kingdom in 2017.
Ireland has been ranked 70th within the group of 116 countries we follow in terms of bank tier 1 capital, 40 places behind the position seen 10 years ago.
Tier 1 capital is the core measure of a bank's financial strength from a regulator's point of view.