NoFrixion secures key authorisation from Central Bank Irish finance fintech NoFrixion has been granted Electronic Money Institution (EMI) authorisation by the Central Bank - a significant milestone for the company. Business • 27 Sep 23
NoFrixion secures key authorisation from Central Bank Irish finance fintech NoFrixion has been granted Electronic Money Institution (EMI) authorisation by the Central Bank - a significant milestone for the company. Business • 27 Sep 23
March 'too early' to expect rates to drop - Makhlouf The Governor of the Central Bank has said his view is that March is probably too early a time to expect interest rates in the eurozone to start falling again. Business • 20 Sep 23
March 'too early' to expect rates to drop - Makhlouf The Governor of the Central Bank has said his view is that March is probably too early a time to expect interest rates in the eurozone to start falling again. Business • 20 Sep 23
Economic growth to slow as exports weaken - report The Central Bank has lowered its forecasts for growth in the economy based on weaker exports from multinationals in Ireland, but has left its outlook for inflation broadly unchanged. Business • 19 Sep 23
Economic growth to slow as exports weaken - report The Central Bank has lowered its forecasts for growth in the economy based on weaker exports from multinationals in Ireland, but has left its outlook for inflation broadly unchanged. Business • 19 Sep 23
Mortgage arrears down 4% on a quarterly basis The total number of mortgage accounts on principal private homes in arrears fell by 4% in the second three months of this year, according to the latest figures from the Central Bank. Business • 15 Sep 23
Mortgage arrears down 4% on a quarterly basis The total number of mortgage accounts on principal private homes in arrears fell by 4% in the second three months of this year, according to the latest figures from the Central Bank. Business • 15 Sep 23
Irish mortgage rates slightly higher than euro average Interest rates on new mortgages remained broadly steady in July compared to the previous month, new data from the Central Bank shows. Business • 13 Sep 23
Irish mortgage rates slightly higher than euro average Interest rates on new mortgages remained broadly steady in July compared to the previous month, new data from the Central Bank shows. Business • 13 Sep 23
Milestone reached as IBRC floating rate bonds cancelled A milestone was reached by the National Treasury Management Agency today after it said it completed the cancellation of all Floating Rate Bonds that were issued in connection with the liquidation of the Irish Bank Resolution Corporation, formerly Anglo Irish Bank. Business • 07 Sep 23
Milestone reached as IBRC floating rate bonds cancelled A milestone was reached by the National Treasury Management Agency today after it said it completed the cancellation of all Floating Rate Bonds that were issued in connection with the liquidation of the Irish Bank Resolution Corporation, formerly Anglo Irish Bank. Business • 07 Sep 23
Govt cost of living supports helped push up inflation Government interventions last year to assist households with the rising cost of living appear to have added to demand, helping to push up inflation. Business • 06 Sep 23
Govt cost of living supports helped push up inflation Government interventions last year to assist households with the rising cost of living appear to have added to demand, helping to push up inflation. Business • 06 Sep 23
Central Bank appoints Grant Thornton for external audit The audit firm that has completed two controversial reports into the RTÉ payments scandal has secured a prestigious new €3m contract with the Central Bank. Business • 31 Aug 23
Central Bank appoints Grant Thornton for external audit The audit firm that has completed two controversial reports into the RTÉ payments scandal has secured a prestigious new €3m contract with the Central Bank. Business • 31 Aug 23
Rate at which household deposits are rising slows Bank deposits by households rose at their lowest annual rate since early 2019 in July, new data from the Central Bank shows. Business • 31 Aug 23
Rate at which household deposits are rising slows Bank deposits by households rose at their lowest annual rate since early 2019 in July, new data from the Central Bank shows. Business • 31 Aug 23
Central Bank admits to data breach in credit register The Central Bank has admitted to a data breach in its credit register, which may have made it harder for thousands of borrowers to successfully access credit. Business • 21 Aug 23
Central Bank admits to data breach in credit register The Central Bank has admitted to a data breach in its credit register, which may have made it harder for thousands of borrowers to successfully access credit. Business • 21 Aug 23
Central Bank's €15 coin to celebrate Irish women's team The Central Bank has launched a €15 limited-edition commemorative coin to celebrate the achievements of the Ireland Women's National Football team. Business • 14 Jul 23
Central Bank's €15 coin to celebrate Irish women's team The Central Bank has launched a €15 limited-edition commemorative coin to celebrate the achievements of the Ireland Women's National Football team. Business • 14 Jul 23
Cost of settling liability claims down 12% in H1 The total cost of settled personal injury claims made under personal and employers' liability insurance policies during the first half of the year was 12% below the pre-Covid average, new data released by the Central Bank of Ireland shows. Central Bank • 13 Jul 23
Cost of settling liability claims down 12% in H1 The total cost of settled personal injury claims made under personal and employers' liability insurance policies during the first half of the year was 12% below the pre-Covid average, new data released by the Central Bank of Ireland shows. Central Bank • 13 Jul 23
Mortgage rates increase again in May - Central Bank New figures from the Central Bank show that mortgage rates here rose again in May, hitting their highest level since the middle of 2017. Business • 12 Jul 23
Mortgage rates increase again in May - Central Bank New figures from the Central Bank show that mortgage rates here rose again in May, hitting their highest level since the middle of 2017. Business • 12 Jul 23
96% of Ulster Bank and KBC Bank Ireland accounts closed New Central Bank figures show that just over 96% of all current accounts that were open in Ulster Bank and KBC Bank Ireland at the beginning of 2022 were either closed or inactive by the end of June this year. Business • 11 Jul 23
96% of Ulster Bank and KBC Bank Ireland accounts closed New Central Bank figures show that just over 96% of all current accounts that were open in Ulster Bank and KBC Bank Ireland at the beginning of 2022 were either closed or inactive by the end of June this year. Business • 11 Jul 23
Central Bank Governor warns Govt not to stoke inflation The Governor of the Central Bank has warned the Minister for Finance that it would be counter-productive for it to make policy decisions in the budget that would stimulate demand. Business • 23 Jun 23
Central Bank Governor warns Govt not to stoke inflation The Governor of the Central Bank has warned the Minister for Finance that it would be counter-productive for it to make policy decisions in the budget that would stimulate demand. Business • 23 Jun 23
Central Bank warns Govt not to exceed 5% spending rule The Central Bank has warned that if Government expenditure in next year's Budget goes beyond its 5% spending rule, it runs the risk of stoking inflation further. Business • 21 Jun 23
Central Bank warns Govt not to exceed 5% spending rule The Central Bank has warned that if Government expenditure in next year's Budget goes beyond its 5% spending rule, it runs the risk of stoking inflation further. Business • 21 Jun 23
Central Bank board discusses rising mortgage rates The Central Bank Commission, which acts as the Bank's board, discussed rising mortgage interest rates at its April meeting, according to minutes published today. Business • 13 Jun 23
Central Bank board discusses rising mortgage rates The Central Bank Commission, which acts as the Bank's board, discussed rising mortgage interest rates at its April meeting, according to minutes published today. Business • 13 Jun 23
Mortgages from credit-servicing firms face higher rates The Central Bank has published data showing customers with mortgages at credit-servicing firms face higher interest rates. Business • 08 Jun 23
Mortgages from credit-servicing firms face higher rates The Central Bank has published data showing customers with mortgages at credit-servicing firms face higher interest rates. Business • 08 Jun 23
Risks facing banks rise as inflation hits world economy The Central Bank said today that while many people here are being stretched by the cost of living, households and businesses are proving resilient to inflationary shocks so far. Business • 07 Jun 23
Risks facing banks rise as inflation hits world economy The Central Bank said today that while many people here are being stretched by the cost of living, households and businesses are proving resilient to inflationary shocks so far. Business • 07 Jun 23
Makhlouf warns of Budget measures impact on inflation The Governor of the Central Bank has warned that the Government needs to think very carefully about what effect policy proposals could have on inflation as it begins to frame October's budget. Business • 02 Jun 23
Makhlouf warns of Budget measures impact on inflation The Governor of the Central Bank has warned that the Government needs to think very carefully about what effect policy proposals could have on inflation as it begins to frame October's budget. Business • 02 Jun 23
Fines of €213.7m collected by Central Bank last year €213.7m in fines were collected by the Central Bank's enforcement division last year, the highest amount imposed in a single year to date. Business • 24 May 23
Fines of €213.7m collected by Central Bank last year €213.7m in fines were collected by the Central Bank's enforcement division last year, the highest amount imposed in a single year to date. Business • 24 May 23
Over 1 million Ulster Bank and KBC Bank accounts closed New figures from the Central Bank show that the total number of accounts closed at Ulster Bank and KBC Bank Ireland since the beginning of 2022 has reached 1,090,781. Business • 19 May 23
Over 1 million Ulster Bank and KBC Bank accounts closed New figures from the Central Bank show that the total number of accounts closed at Ulster Bank and KBC Bank Ireland since the beginning of 2022 has reached 1,090,781. Business • 19 May 23
Central Bank watched for risks after SVB's collapse The Central Bank said it was closely watching for "broader spillover risks" in the aftermath of the collapse of Silicon Valley Bank (SVB). Business • 17 May 23
Central Bank watched for risks after SVB's collapse The Central Bank said it was closely watching for "broader spillover risks" in the aftermath of the collapse of Silicon Valley Bank (SVB). Business • 17 May 23
Central banks have lost a degree of trust - Makhlouf Central banks around the world have lost a degree of trust and need to rebuild it by explaining their decision making to a wider audience and not just financial markets, Central Bank Governor Gabriel Makhlouf said. Business • 16 May 23
Central banks have lost a degree of trust - Makhlouf Central banks around the world have lost a degree of trust and need to rebuild it by explaining their decision making to a wider audience and not just financial markets, Central Bank Governor Gabriel Makhlouf said. Business • 16 May 23
Irish mortgage interest rates see big rise in March New figures from the Central Bank show that Irish mortgage rates resumed their upward trend in March, after moving fractionally lower in February. Business • 10 May 23
Irish mortgage interest rates see big rise in March New figures from the Central Bank show that Irish mortgage rates resumed their upward trend in March, after moving fractionally lower in February. Business • 10 May 23