Central Bank operating in line with OECD principles A new assessment from the OECD shows that the Central Bank is operating in line with the G20/OECD High-Level Principles on Financial Consumer Protection. Business • 16 Dec 24
Central Bank operating in line with OECD principles A new assessment from the OECD shows that the Central Bank is operating in line with the G20/OECD High-Level Principles on Financial Consumer Protection. Business • 16 Dec 24
Central Bank plans would allow credit unions lend more Credit union mortgage and business lending could almost triple in the coming years under proposals from the Central Bank which are being put out to consultation. Business • 11 Dec 24
Central Bank plans would allow credit unions lend more Credit union mortgage and business lending could almost triple in the coming years under proposals from the Central Bank which are being put out to consultation. Business • 11 Dec 24
Irish mortgage rates ease again in October Irish mortgage rates fell again in October to hit their lowest rate since May 2023, new figures from the Central Bank show today. Business • 11 Dec 24
Irish mortgage rates ease again in October Irish mortgage rates fell again in October to hit their lowest rate since May 2023, new figures from the Central Bank show today. Business • 11 Dec 24
400,000 credit card holders still have APRs of over 23% A review by the Central Bank has found that, of the about 1.3 million credit card accounts in Ireland, over 400,000 are on Annual Percentage Rate (APRs) above 23%. Business • 06 Dec 24
400,000 credit card holders still have APRs of over 23% A review by the Central Bank has found that, of the about 1.3 million credit card accounts in Ireland, over 400,000 are on Annual Percentage Rate (APRs) above 23%. Business • 06 Dec 24
Central Bank warns of trade tensions, uncertainty risks The Central Bank has warned that Ireland's exposure to global uncertainty and rising political and international trade tensions, raise the prospect of lower trade and economic growth. Business • 04 Dec 24
Central Bank warns of trade tensions, uncertainty risks The Central Bank has warned that Ireland's exposure to global uncertainty and rising political and international trade tensions, raise the prospect of lower trade and economic growth. Business • 04 Dec 24
Central Bank & UL launch new AI research partnership The Central Bank and the Insight Research Ireland Centre for Data Analytics at University of Limerick have launched an artificial intelligence (AI) research partnership. Business • 26 Nov 24
Central Bank & UL launch new AI research partnership The Central Bank and the Insight Research Ireland Centre for Data Analytics at University of Limerick have launched an artificial intelligence (AI) research partnership. Business • 26 Nov 24
Fitness and probity unit opened by year end - Makhlouf The Central Bank will have a centralised fitness and probity (F&P) unit set up and running by the end of the year. Business • 20 Nov 24
Fitness and probity unit opened by year end - Makhlouf The Central Bank will have a centralised fitness and probity (F&P) unit set up and running by the end of the year. Business • 20 Nov 24
Irish mortgage rates fall to lowest level in a year New figures from the Central Bank today show that Irish mortgage rates fell to their lowest level in over a year in September. Business • 13 Nov 24
Irish mortgage rates fall to lowest level in a year New figures from the Central Bank today show that Irish mortgage rates fell to their lowest level in over a year in September. Business • 13 Nov 24
Waystone Fund Management fined for rule breaches The Central Bank has fined Waystone Fund Management €393,512 for breaching requirements of the European Union (Alternative Investment Fund Managers) Regulations 2013 between May 2018 and August 2020. Business • 08 Nov 24
Waystone Fund Management fined for rule breaches The Central Bank has fined Waystone Fund Management €393,512 for breaching requirements of the European Union (Alternative Investment Fund Managers) Regulations 2013 between May 2018 and August 2020. Business • 08 Nov 24
Motor insurance premiums rose 2% last year - Central Bank The average premium paid by consumers for motor insurance in Ireland last year rose 2% to €568, the first increase in five years. Business • 24 Oct 24
Motor insurance premiums rose 2% last year - Central Bank The average premium paid by consumers for motor insurance in Ireland last year rose 2% to €568, the first increase in five years. Business • 24 Oct 24
Flood protection gap set to grow, Central Bank warns One in 20 buildings in Ireland have difficulty accessing flood insurance and this gap is likely to grow in future, new research from the Central Bank has found. Business • 14 Oct 24
Flood protection gap set to grow, Central Bank warns One in 20 buildings in Ireland have difficulty accessing flood insurance and this gap is likely to grow in future, new research from the Central Bank has found. Business • 14 Oct 24
Mortgage rates unchanged for third consecutive month The average interest rate on new Irish mortgages remained unchanged for the third month running in August at 4.11%, new figures from the Central Bank shows today. Business • 11 Oct 24
Mortgage rates unchanged for third consecutive month The average interest rate on new Irish mortgages remained unchanged for the third month running in August at 4.11%, new figures from the Central Bank shows today. Business • 11 Oct 24
Makhlouf defends facilitation of Israeli 'war bonds' sale The Central Bank has defended its facilitation of the sale of so-called Israeli war bonds saying it is required by law to do so. Business • 09 Oct 24
Makhlouf defends facilitation of Israeli 'war bonds' sale The Central Bank has defended its facilitation of the sale of so-called Israeli war bonds saying it is required by law to do so. Business • 09 Oct 24
Hiking spending over 5% will fuel inflation - Makhlouf The Governor of the Central Bank has the Government's decision to increase spending above 5% over an extended period will aggravate price inflation and wage pressures. Business • 09 Oct 24
Hiking spending over 5% will fuel inflation - Makhlouf The Governor of the Central Bank has the Government's decision to increase spending above 5% over an extended period will aggravate price inflation and wage pressures. Business • 09 Oct 24
Central Bank's Irish Defence Forces commemorative coin The Central Bank has launched a €15 limited edition commemorative coin to mark the centenary of the Irish Defence Forces. Business • 08 Oct 24
Central Bank's Irish Defence Forces commemorative coin The Central Bank has launched a €15 limited edition commemorative coin to mark the centenary of the Irish Defence Forces. Business • 08 Oct 24
€1.5m of old notes and coins exchanged over last 3 years The Central Bank has exchanged almost €1.5m worth of old pound notes and coins over the past three years which people had stashed away since the introduction of the euro. Business • 30 Sep 24
€1.5m of old notes and coins exchanged over last 3 years The Central Bank has exchanged almost €1.5m worth of old pound notes and coins over the past three years which people had stashed away since the introduction of the euro. Business • 30 Sep 24
Mortgage arrears figures continue downward trend in Q2 New figures from the Central Bank show that the number of homes in mortgage arrears fell by 4% between April and June to 45,843, continuing its recent trend of decline. Business • 20 Sep 24
Mortgage arrears figures continue downward trend in Q2 New figures from the Central Bank show that the number of homes in mortgage arrears fell by 4% between April and June to 45,843, continuing its recent trend of decline. Business • 20 Sep 24
52,000 homes per year needed over 25 years - Central Bank Dealing with the pent-up demand for housing and continued growth in the population will require building 52,000 homes a year over 25 years, the Central Bank has forecast. Ireland • 18 Sep 24
52,000 homes per year needed over 25 years - Central Bank Dealing with the pent-up demand for housing and continued growth in the population will require building 52,000 homes a year over 25 years, the Central Bank has forecast. Ireland • 18 Sep 24
Profits at Walls Construction increase by 32% to €24.67m Pre-tax profits at the builder of the Central Bank headquarters and the 3Arena in Dublin last year increased by 32% or €6m to €24.67m. Business • 11 Sep 24
Profits at Walls Construction increase by 32% to €24.67m Pre-tax profits at the builder of the Central Bank headquarters and the 3Arena in Dublin last year increased by 32% or €6m to €24.67m. Business • 11 Sep 24
Central Bank must improve fairness of its vetting regime The Central Bank needs to improve the transparency and fairness of its vetting regime for key financial services industry roles, a review conducted by a former top supervisor at the European Central Bank has found. Business • 11 Jul 24
Central Bank must improve fairness of its vetting regime The Central Bank needs to improve the transparency and fairness of its vetting regime for key financial services industry roles, a review conducted by a former top supervisor at the European Central Bank has found. Business • 11 Jul 24
Mortgage arrears continue to slow in first quarter New figures from the Central Bank show that the number of home mortgage accounts in arrears of over 90 days fell by 2% in the first quarter of this year, mainly on the back of a decrease in the number of accounts in arrears between two and five years. Business • 05 Jul 24
Mortgage arrears continue to slow in first quarter New figures from the Central Bank show that the number of home mortgage accounts in arrears of over 90 days fell by 2% in the first quarter of this year, mainly on the back of a decrease in the number of accounts in arrears between two and five years. Business • 05 Jul 24
Makhlouf urges Govt to stick to spending rule in budget The Governor of the Central Bank has urged the Government to stick to its own rule limiting the overall annual increase in spending to 5% in the upcoming budget. Business • 05 Jul 24
Makhlouf urges Govt to stick to spending rule in budget The Governor of the Central Bank has urged the Government to stick to its own rule limiting the overall annual increase in spending to 5% in the upcoming budget. Business • 05 Jul 24
Motor insurance costs rose slightly in first half of 2023 Average motor insurance premiums rose marginally in the first half of last year, compared to the year before, new data from the Central Bank has shown. Business • 02 Jul 24
Motor insurance costs rose slightly in first half of 2023 Average motor insurance premiums rose marginally in the first half of last year, compared to the year before, new data from the Central Bank has shown. Business • 02 Jul 24
Central Bank lowers growth forecast for domestic economy The Central Bank has reduced its forecasts for economic growth this year. Business • 18 Jun 24
Central Bank lowers growth forecast for domestic economy The Central Bank has reduced its forecasts for economic growth this year. Business • 18 Jun 24
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
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
