News | Latest Breaking News Stories & Headlines

Mortgage interest rates fall slightly in June

The average interest rate on new mortgages in Ireland fell slightly in June, according to new figures from the Central Bank.

Business • 13 Aug

Central Bank governor Gabriel Makhlouf said the ECB would approach further rate cuts on a 'meeting by meeting' basis

Central Bank governor warns of risks to economic growth

The Governor of the Central Bank of Ireland has warned that the risks to economic growth among countries which use the euro are "firmly to the downside".

Business • 31 Jan

The regulator said that BlueSnap admitted the contraventions

Payments firm fined €324,240 for regulatory breaches

A US payment services company with operations here has been fined €324,240 by the Central Bank for breaches of regulations.

Business • 21 Nov 24

The Central Bank's new campaign aims to help consumers avoid scams as scammers are getting better and more convincing all the time

Central Bank launches new 'SAFE' anti-fraud campaign

The Central Bank of Ireland has launched a new campaign to help consumers avoid scams as it warns that scammers are getting better and more convincing all the time.

Business • 20 Nov 24

In his speech, Gabriel Makhlouf said public innovation in payment systems must keep pace with private innovation

Rate cut next month not yet certain - Makhlouf

The Governor of the Central Bank has said it would be going a bit far to say an ECB interest rate cut next month is in the bag.

Business • 18 Nov 24

These scams are being targeted at people over 50 who are likely to be thinking ahead in terms of their retirement (file pic)

Warning over increase in investment fraud

Fraudsters are increasingly using the details of legitimate investment firms to coax people to part with significant sums of money.

Business • 01 Sep 24

This was the third month in a row that rates have fallen and leaves mortgage rates here at their lowest in ten months.

Irish mortgage rates fall, deposit rates hit 15 year high

Irish mortgage rates eased further in June, while deposit rates hit their highest level in over 15 years.

Business • 14 Aug 24

Ireland had the seventh highest rates in the Eurozone in April.

Irish mortgage rates drop slightly in April

Irish mortgage rates dropped slightly in April, new data from the Central Bank of Ireland shows.

Business • 12 Jun 24

Central Bank Governor Gabriel Makhlouf said capacity constraints were testing the Irish economy

Rising geopolitical tensions pose risk: Central Bank

The Central Bank of Ireland has warned that, despite the strength of the Irish economy, risks remain amid rising geopolitical tensions.

Business • 11 Jun 24

Three years ago the bank announced it planned to exit the Irish market.

KBC returns licence to operate as bank in Ireland

KBC has officially returned its licence to operate as a bank in Ireland to the regulator, bringing to an end to the lender's five-decade long connection with the country.

Business • 30 Apr 24

The bank expressed its gratitude to all employees

KBC Ireland to return banking licence to Central Bank

KBC Bank Ireland will return its banking licence to the Central Bank of Ireland next week, in its last act before exiting the Irish market.

Business • 26 Apr 24

Mr Makhlouf said Ireland has played an active role in recent years in international efforts in this area

Work needed on systemic risks from non-banks - Makhlouf

The Governor of the Central Bank has called for continued global coordination that will lead to progress in dealing with systemic risks arising from the non-bank sector.

Business • 15 Apr 24

Gabriel Makhlouf said waiting for clear and unambiguous evidence is also not realistic

Makhlouf hints at ECB rate cut in June

The Governor of the Central Bank, Gabriel Makhlouf, has hinted that conditions could be right for a cut in interest rates in June.

Business • 15 Mar 24

Looking ahead the risk environment remains elevated, the Governor said

Central Bank warns of payment and e-money sector risks

The Governor of the Central Bank has warned of the heightened risk level associated with both the payment and e-money sector and the investment fund sector.

Business • 29 Feb 24

The Ukraine Credit Guarantee Scheme (UCGS) allows eligible customers to receive working capital loans up to €250,000

Linked Finance to offer €50m in low-cost loans to SMEs

Linked Finance is to offer low-cost loans of €50m to SMEs across Ireland in partnership with the Strategic Banking Corporation of Ireland (SBCI).

Business • 20 Feb 24

Arachas is the country's largest nationwide insurance broker

Joey Wynne appointed as new CEO of Arachas

Joey Wynne has been appointed CEO of Arachas Corporate Brokers following approval by the Central Bank of Ireland.

Business • 19 Feb 24

The research shows that the wage growth rate in Ireland is below the 3.8% recorded across the euro area.

Wage growth in Ireland eases to 3.7%

Wage growth in Ireland slowed at the end of 2023 and has dropped to 3.7% year-on-year, according to a new report from jobs site Indeed and the Central Bank of Ireland.

Business • 17 Jan 24

Review finds insurance "price walking" ban is working

Central Bank measures introduced last year to try to stamp out the practice of "price walking" by motor and home insurance companies appears to be working, a review has found.

Business • 20 Dec 23

UBS has identified Ireland, India, South Korea and Saudi Arabia as 'slow jurisdictions' in granting licences for its Credit Suisse deal

UBS names Ireland, India as 'slow' to clear CS deal

UBS Group said it had identified at least four countries including Ireland and India as "slow" in granting regulatory approvals which it needs to complete its takeover of Credit Suisse, according to an internal document reviewed by Reuters.

Business • 19 Sep 23

The CCR is managed by the Central Bank of Ireland.

Explainer: How to keep your credit record in good shape

The Central Credit Register (CRR) is a system that collects and stores information about loans of €500 or more.

Business • 16 Sep 23

David Guinane worked for Permanent TSB for over 25 years

Ex-PTSB CEO Guinane subject to tracker mortgage inquiry

The Central Bank of Ireland has confirmed that David Guinane, former chief executive of Permanent TSB will be put forward for public inquiry in relation to the tracker mortgage controversy.

Business • 16 Jun 23

The average rate on a new mortgage in Ireland was up to 3.63%, from 3.54% the previous month.

Irish mortgage interest rates up again in April

New figures from the Central Bank of Ireland show that mortgage interest rates here increased again in April.

Business • 14 Jun 23

The framework provides clarity as to standards that must be met by firms and individuals

How new rules will soon hold senior execs to account

There are concerns in the financial services sector that new laws which holds senior executives accountable for the decisions made in their firms, could be a barrier to investment in Ireland.

Business • 14 May 23

The court heard the parties have agreed to the orders

Developer's action against Davy struck out by court

Orders striking out claims by Belfast developer Patrick Kearney against stockbroker Davy and 16 of its former employees who made up a consortium known as the O'Connell Partnership have been granted by the Commercial Court.

Business • 28 Apr 23

While the number and costs of damage claims rose, the number and cost of injury claims fell

Motor insurance premiums fell 5% in first half of 2022

Motor insurance premiums fell by 5% in the first six months of last year, according to new data compiled by the Central Bank of Ireland.

Business • 26 Apr 23