Bank of Ireland has announced it will start issuing bank holiday loans on the 1 November.
The announcement comes as the bank is looking to ease its banking conditions, but is not expected to significantly affect business or economic activity.
The bank said that the loans will be available for the “long-term repayment period” of six months, and will be subject to the conditions outlined by the Bank’s prudential regulatory framework.
“These conditions require the lender to meet certain conditions and will help protect the bank’s interests,” a Bank of Irish spokeswoman said in a statement.
“The bank is continuing to monitor the situation and will make further comments at a later date.”
While the Bank has been able to lend at a discount to the rates it was charging in July, it is unclear if it is still able to do so in the event of a full bank holiday.