Central Bank chief quizzed on leaks The chair of the Public Accounts Committee has expressed concern over a series of leaks of sensitive financial information. Business • 20 Apr 23
Central Bank chief quizzed on leaks The chair of the Public Accounts Committee has expressed concern over a series of leaks of sensitive financial information. Business • 20 Apr 23
Makhlouf suggests interest rates could go beyond 3.5% The Governor of the Central Bank has said he thinks the European Central Bank could raise interest rates above the 3.5% mark. Business • 14 Feb 23
Makhlouf suggests interest rates could go beyond 3.5% The Governor of the Central Bank has said he thinks the European Central Bank could raise interest rates above the 3.5% mark. Business • 14 Feb 23
At least 0.5% ECB rate rise needed, says Makhlouf The Governor of the Central Bank has said he sees a 50 basis point increase in interest rates as the minimum needed at the ECB's December meeting. Business • 05 Dec 22
At least 0.5% ECB rate rise needed, says Makhlouf The Governor of the Central Bank has said he sees a 50 basis point increase in interest rates as the minimum needed at the ECB's December meeting. Business • 05 Dec 22
ECB will increase rates again in December - Makhlouf The Governor of the Central Bank has said the European Central Bank will increase interest rates at its meeting next month but he had "an open mind" on what scale that should be. Business • 24 Nov 22
ECB will increase rates again in December - Makhlouf The Governor of the Central Bank has said the European Central Bank will increase interest rates at its meeting next month but he had "an open mind" on what scale that should be. Business • 24 Nov 22
Inflation hitting vulnerable households the most The Governor of the Central Bank Gabriel Makhlouf has said the European Central Bank expects "to raise policy rates further in order to sustainably achieve our 2% target over the medium term." Business • 16 Nov 22
Inflation hitting vulnerable households the most The Governor of the Central Bank Gabriel Makhlouf has said the European Central Bank expects "to raise policy rates further in order to sustainably achieve our 2% target over the medium term." Business • 16 Nov 22
Euro zone may be facing recession but rate hikes needed The euro zone economy may be facing a recession but rate hikes remain absolutely necessary because persistently high inflation is damaging the economy and stability, the Central Bank Governor said today. Business • 18 Oct 22
Euro zone may be facing recession but rate hikes needed The euro zone economy may be facing a recession but rate hikes remain absolutely necessary because persistently high inflation is damaging the economy and stability, the Central Bank Governor said today. Business • 18 Oct 22
Energy crisis relief should be temporary, says Makhlouf The Governor of the Central Bank has said the Government should stick within the parameters already set out for the upcoming Budget and that going beyond that could add to inflationary pressures. Business • 14 Sep 22
Energy crisis relief should be temporary, says Makhlouf The Governor of the Central Bank has said the Government should stick within the parameters already set out for the upcoming Budget and that going beyond that could add to inflationary pressures. Business • 14 Sep 22
Budget should not add to inflationary pressures Central Bank Governor Gabriel Makhlouf has urged the Minister for Finance to "limit adding to existing excess demand and inflationary pressures" in the upcoming Budget but to support the most vulnerable "through temporary and targeted supports". Business • 12 Sep 22
Budget should not add to inflationary pressures Central Bank Governor Gabriel Makhlouf has urged the Minister for Finance to "limit adding to existing excess demand and inflationary pressures" in the upcoming Budget but to support the most vulnerable "through temporary and targeted supports". Business • 12 Sep 22
Insurers 'concerned' about regulatory environment The chief executive of the insurance industry's representative body has said there are genuine concerns about the sustainability of Ireland's regulatory environment. Business • 16 Jun 22
Insurers 'concerned' about regulatory environment The chief executive of the insurance industry's representative body has said there are genuine concerns about the sustainability of Ireland's regulatory environment. Business • 16 Jun 22
Central Bank's profits boosted by record level of fines A record amount in monetary fines imposed on financial firms and individuals by the Central Bank in 2021 contributed to profits at the bank last year increasing by 59% to €1.32 billion. Business • 30 May 22
Central Bank's profits boosted by record level of fines A record amount in monetary fines imposed on financial firms and individuals by the Central Bank in 2021 contributed to profits at the bank last year increasing by 59% to €1.32 billion. Business • 30 May 22
Ukraine war to have 'material impact' on economy - CB The Governor of the Central Bank has told an Oireachtas committee that increases in consumer prices for energy and fuel "are yet to reflect in full the developments of recent weeks and the implications of the conflict in Ukraine." Business • 30 Mar 22
Ukraine war to have 'material impact' on economy - CB The Governor of the Central Bank has told an Oireachtas committee that increases in consumer prices for energy and fuel "are yet to reflect in full the developments of recent weeks and the implications of the conflict in Ukraine." Business • 30 Mar 22
Central Bank Deputy Governor to leave bank this summer The Deputy Governor of the Central Bank, Ed Sibley, is to leave the regulatory body this summer. Business • 14 Feb 22
Central Bank Deputy Governor to leave bank this summer The Deputy Governor of the Central Bank, Ed Sibley, is to leave the regulatory body this summer. Business • 14 Feb 22
Central Bank chief warns of inflation risks The Governor of the Central Bank has said "the prospects for Ireland's economy appear bright" but warned that the risks to inflation in Ireland remain "on the upside". Business • 24 Jan 22
Central Bank chief warns of inflation risks The Governor of the Central Bank has said "the prospects for Ireland's economy appear bright" but warned that the risks to inflation in Ireland remain "on the upside". Business • 24 Jan 22
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 the issue of inflation earlier than expected. Business • 23 Nov 21
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 the issue of inflation earlier than expected. Business • 23 Nov 21
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 be relaxed." Business • 08 Nov 21
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 be relaxed." Business • 08 Nov 21
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 21
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 21
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 21
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 21
Recovery may be 'bumpy and uneven' - Central Bank Central Bank Governor Gabriel Makhlouf has said the recovery of the economy may be "bumpy and uneven" and that some sectors will thrive as others continue to struggle. Business • 16 Jun 21
Recovery may be 'bumpy and uneven' - Central Bank Central Bank Governor Gabriel Makhlouf has said the recovery of the economy may be "bumpy and uneven" and that some sectors will thrive as others continue to struggle. Business • 16 Jun 21
Central Bank reports lower financial profits for 2020 The Central Bank has reported a financial profit of €829.6m for 2020 after what it called an "extraordinary year" for the country. Business • 02 Jun 21
Central Bank reports lower financial profits for 2020 The Central Bank has reported a financial profit of €829.6m for 2020 after what it called an "extraordinary year" for the country. Business • 02 Jun 21
Plan to put finances back on sustainable footing call The Governor of the Central Bank has said there is a connection between the high levels of capital and high solvency ratios at Irish banks and "the fact they are still standing through one of the most severe economic crisis in decades. Business • 16 Feb 21
Plan to put finances back on sustainable footing call The Governor of the Central Bank has said there is a connection between the high levels of capital and high solvency ratios at Irish banks and "the fact they are still standing through one of the most severe economic crisis in decades. Business • 16 Feb 21
Makhlouf says security of lending factor in competition The Governor of the Central Bank has indicated that the challenge faced by lenders in repossessing properties from borrowers who aren't meeting repayments is one reason why more banks aren't entering the market here. Business • 12 Feb 21
Makhlouf says security of lending factor in competition The Governor of the Central Bank has indicated that the challenge faced by lenders in repossessing properties from borrowers who aren't meeting repayments is one reason why more banks aren't entering the market here. Business • 12 Feb 21
Central Bank boss warns insurance firms on claims The Governor of the Central Bank, Gabriel Makhlouf, has sent a strong message to insurance companies involved in disputes with customers over business disruption policies. Business • 11 Feb 21
Central Bank boss warns insurance firms on claims The Governor of the Central Bank, Gabriel Makhlouf, has sent a strong message to insurance companies involved in disputes with customers over business disruption policies. Business • 11 Feb 21
Growth figures masking devastating stories - Makhlouf Central Bank Governor Gabriel Makhlouf has said he believes the economy could recover strongly later this year with a "potential surge in demand in the second half of the year". Business • 25 Jan 21
Growth figures masking devastating stories - Makhlouf Central Bank Governor Gabriel Makhlouf has said he believes the economy could recover strongly later this year with a "potential surge in demand in the second half of the year". Business • 25 Jan 21
No changes to Central Bank's mortgage rules The Central Bank has left its key rules on mortgage lending unchanged and has also extended its relaxation of certain regulations on bank reserves into next year. Business • 26 Nov 20
No changes to Central Bank's mortgage rules The Central Bank has left its key rules on mortgage lending unchanged and has also extended its relaxation of certain regulations on bank reserves into next year. Business • 26 Nov 20
Suspected criminal activity found in CB tracker probe The Director General of Financial Conduct at the Central Bank has said the bank has reported suspected criminal activity to An Garda Síochána arising from its tracker mortgage examination. Business • 21 Oct 20
Suspected criminal activity found in CB tracker probe The Director General of Financial Conduct at the Central Bank has said the bank has reported suspected criminal activity to An Garda Síochána arising from its tracker mortgage examination. Business • 21 Oct 20