Financially management is a hot topic of discussion in Ireland.
The four banks have a total of €4.3 trillion in assets and a total liabilities of €3.8 trillion, according to data from the Bank of Ireland.
The latest figures released by the Central Statistics Office, which monitors financial performance, show that there are three big banks with balance sheets larger than €4 trillion.
These are Anglo Irish Bank, HSBC and UBS.
In the latest figures, HSBC has the largest balance sheet, with €2.9 trillion, followed by Anglo Irish and HSBC’s smaller rival UBS with €1.7 trillion and €1 billion respectively.
In comparison, the four other big banks had a total assets of €1,600 billion and a liabilities of just €1 trillion.
This is largely because they are so big.
As of the end of 2016, the total market capitalisation of the three largest banks was €7.9tn.
“The big four have a huge and stable balance sheet,” said John Kelly, an independent financial market consultant and former adviser to the Irish government.
“It is very clear that the big banks are the only ones that are holding all the cards.”
The issue is that the banks are holding these assets and they are the ones who have the capacity to manage them and make money.
“Mr Kelly said the banks should be making the money by doing more, not less.”
If they were investing less in their financials, the banks would be in a position to make money,” he said.”
They are the big four.
They are the players.
“The issue of the size of banks’ balance sheets is a contentious one in Ireland, with opinion polls showing that nearly 60% of people think the banks’ financials are too big to fail.
A recent study by the OECD (Organisation for Economic Co-operation and Development) found that Ireland’s banks were among the top five in terms of their size.
Its analysis of the latest data by the Bank for International Settlements (BIS) found the four big banks held €4,859 billion in assets, with the combined balance sheet of the rest of the banks being €1.,5 trillion.”
Banks should have a very good financial management capability and should be able to keep these assets in the ground, because the world economy is a global economy, so we can’t just sit back and be complacent,” said Professor Kelly.
Some analysts believe that this is because of the financial crisis and the fact that many Irish banks were not allowed to reopen.”
Many of the big players are very old, they have lots of assets and lots of liabilities, so they are very leveraged, which means that when they need money, they can get it.
“We don’t have a lot of leverage in the banking sector,” said Mr Kelly.
“But we do have the risk that a lot people will be looking at a bank’s balance sheet and thinking, ‘Well, how do I get that money out of the system?'”‘
The bank is the only one that is holding all cards’When asked about the possibility of banks going bust, Mr Kelly said that was a myth.
“There is a perception that banks are all the banks.
In reality, it’s just one of many of the major financial institutions in the country, so it’s very much the case that the banking system is the one holding all of the cards.”
The four big four banks also have a number of other key financial assets that they could use to reduce their risk, including the value of their mortgage portfolios.
The biggest problem with the banks is that their portfolios are so large and their liabilities are so high that they have a high risk of default.
“They have to be very careful with their mortgage-backed securities,” said Dr Kelly.
“They’re the only financial institution in the world that is actually required to keep their mortgage portfolio in a very safe place.”
Mr Kelly, however, believes that the four financial institutions have a much better balance sheet than the other big players, adding that there is room for improvement.
“This is a problem that the industry is still dealing with, so there is an appetite for improvement,” he added.
“A lot of people, particularly people in the financial sector, are very concerned about the financial situation of the sector.”
“I’m not sure that the other banks would agree with me.
They have a big debt load, a lot to pay off and they’re also big investors in the Irish stock market.”
In addition, Ireland has a large number of people with very high household incomes.
“You could get a lot more out of these banks, and there is a much more comfortable and secure place for them to invest in,” said Prof Kelly.