Bank of Ireland fined €24.5m for regulatory breaches Bank of Ireland has been fined €24.5m by the Central Bank for regulatory breaches related to its IT systems and related internal controls. Business • 02 Dec
Household deposits continued to rise in October Consumers have continued to set aside more money in recent months, according to the Central Bank, with household deposits reaching €136 billion at the end ... Business • 30 Nov
64% of consumers would like mortgage rules to change A new survey reveals strong support among consumers here people for a loosening of the Central Bank's mortgage lending rules to make it easier for ... Business • 30 Nov
No changes to Central Bank's mortgage rules The Central Bank has left its mortgage rules unchanged after its annual review was published today. Business • 25 Nov
Makhlouf: Immediate action on inflation not warranted The Governor of the Central Bank has said action should not be delayed if evidence starts to point to a need for a response to ... Business • 23 Nov
Risk high inflation may persist CB report suggests A new Central Bank analysis has warned that there is a risk that inflation may persistently overshoot the current ECB target if supply chains remain ... Business • 22 Nov
Credit unions urged to improve risk management process A review published today by the Central Bank has found what it describes as "weaknesses" in risk management procedures by some credit unions. Business • 19 Nov
Increase in motor insurance profits in 2020 Profits made by insurance companies on their motor business increased last year, according to the Central Bank. Business • 16 Nov
Household savings still high despite small dip in Q2 New figures from the Central Bank show that household net worth rose by 3.6%, or €32 billion, to a series high of €935 billion in ... Business • 11 Nov
Makhlouf 'particularly concerned' about greenwashing The Governor of the Central Bank has said he is particularly concerned about the practice of "greenwashing", where organisations try to portray that their products ... Business • 11 Nov
Irish mortgage rates continue to fall slowly Irish homeowners continue to pay above average rates for their mortgages, the latest figures from the Central Bank show. Business • 10 Nov
Central Bank probes former PTSB executive over trackers The Central Bank said today it has "reasonable grounds" to suspect that a person who was formerly part of the management of Permanent TSB participated ... Business • 10 Nov
Bank review of mortgage rules 'serious job of work' Central Bank Governor Gabriel Makhlouf has said the ongoing review into the bank's mortgage lending rules "is not a signal that rules are going to ... Business • 08 Nov
Central Bank secures order on debt management firm The Central Bank has secured a High Court enforcement order which restrains the owner of a debt management firm from providing certain unauthorised financial services. Business • 04 Nov
Central Bank's pledge on climate change action Central Bank Governor Gabriel Makhlouf has written to the chairs and CEOs of regulated financial companies to remind them of their obligations around climate change. Business • 03 Nov
Debit and credit card spending down 3% in September Total card spending, including ATM withdrawals, fell by €210 million or 3% in September compared to the previous month, according to figures from the Central ... Business • 29 Oct
No need to fear new accountability rules - Rowland The Director General of Financial Conduct at the Central Bank has said the overwhelming majority of firms and employees within the financial sector who already ... Business • 13 Oct
Irish mortgage rates second highest in euro zone Ireland had the second highest mortgage interest rates across the euro area in August, new figures from the Central Bank show. Business • 13 Oct
Central Bank forecasts rebound in domestic economy A stronger than expected recovery is forecast to result in activity in the domestic economy returning to pre-pandemic levels this year, according to the Central ... Ireland • 06 Oct
Mortgage measures built up resilience during Covid The Deputy Governor of the Central Bank has said that the Central Bank's mortgage lending rules have held up well during the pandemic, adding that ... Business • 05 Oct
Household deposits fall for first time since late 2019 New figures from the Central Bank today show that Irish household deposits declined in August for the first time since November 2019. Business • 30 Sep
Central Bank fines Sarasin Funds Management €385,000 The Central Bank has fined Sarasin Funds Management (Ireland) €385,000 for four admitted breaches of investment funds regulations which occurred between May 2017 and March ... Business • 30 Sep
€130m paid out in Business Interruption Insurance More than €130m so far has been paid out to 4,371 policyholders through settled claims and interim payments, the Central Bank's system-wide examination of Business ... Business • 29 Sep
Fears of 'excessive' inflation overstated - Makhlouf Central Bank Governor Gabriel Makhlouf said today that fears of "excessive" euro area inflation are overstated. Business • 17 Sep
Ireland once again has highest euro zone mortgage rates Ireland once again has the highest mortgage interest rates in the euro zone, the latest figures from the Central Bank show today. Business • 08 Sep
