The Central Bank reports in its Annual Report
2012 that profits for the year to 31 December 2012 amounted to €1.4bn.
After retained earnings, €1.1bn will be paid to the Exchequer.
The Bank employed 1,394 staff at end-2012,
comprising both permanent and fixed term contract staff. Of this, 293.5 were
assigned to Central Banking functions, 622 were assigned to Regulatory areas and
478.5 to Operations. A further 9 were assigned to the Investor Compensation
Company Limited (ICCL).
Eurosystem borrowings by banks fell from €108bn
to €72bn, reflecting deleveraging, deposit gathering and an increase in
wholesale market funding.
Patrick Honohan, the governor said that the
bank's major focus last year - - and into 2013 - - was the restoration of
financial stability to the Irish economy. He said this has been, and remains, a
significant challenge.
''However, despite the scale of this task and the
backdrop of a weak external economic environment, the overall policy stance is
moving things in the right direction,'' he added.
Annual Report [pdf]
Check out our
subscription service,
Finfacts Premium
, at a low annual charge of €25 - - if
you are a regular user of Finfacts, 50 euro cent a week is hardly a huge ask to
support the service.