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The FSPO has received over 1,800 complaints related to the tracker mortgage controversy

Bank ordered to pay €52,500 tracker compensation

The Financial Services and Pensions Ombudsman ordered a bank to pay compensation of €52,500 to two victims of the tracker mortgage controversy, who were unhappy with the amount of compensation they were being offered by their lender.

Business • 27 Feb 20

Johan Thijs said he would like to personally and sincerely apologise

KBC CEO offers 'sincere apology' for tracker comments

The chief executive of KBC Group has offered a "sincere apology" for his comments in relation to the Central Bank inquiry into the tracker mortgage controversy.

Business • 15 Nov 19

KBC Group CEO Johan Thijs urges Central Bank to move on from 'annoying' tracker mortgage probe

Move on from 'annoying' tracker probe - KBC CEO

The Central Bank needs to move on as an "annoying" inquiry into a mortgage overcharging controversy hampers growth, KBC Group's chief executive Johan Thijs has said.

Business • 15 Nov 19

The Central Bank's Director General for Financial Conduct Derville Rowland

Banks' cultural failings factor in tracker controversy

Failings in the banking sector which contributed to the tracker mortgage controversy did not stop once the Central Bank began investigating the issue, an Oireachtas committee has heard.

Business • 24 Oct 19

AIB's CEO Colin Hunt said he was confident the bank would reach its non-performing loans targets

AIB takes charge of €131m as H1 pre-tax profits fall

AIB has reported pre-tax profits - including exceptionals - of €436m for the six months to the end of June - a fall of more than 40% on profits of €762m the same time last year.

Business • 26 Jul 19

The Central Bank said it found 'serious failings' by Permanent TSB which affected over 2,000 of its tracker mortgage customers between 2004 and 2018

Permanent TSB fined €21m for tracker mortgage failures

Permanent TSB has been fined €21m by the Central Bank in respect of "serious failings" which affected 2,007 of its tracker mortgage customer accounts.

Business • 30 May 19

Permanent TSB's chief executive Jeremy Masding

Permanent TSB CEO defends changes to 'legacy' accounts

The chief executive of Permanent TSB has defended changes the bank has made to charges on old current accounts.

Business • 09 Apr 19

Wim Verbraeken, chief executive of KBC Bank Ireland, said the tracker mortgage examination has been a top priority for the bank

KBC Bank Ireland reports net profits of €162m for 2018

KBC Bank Ireland has reported a net profit - after tax and impairments - of €162m for last year, down from a net profit of €183m in 2017.

Business • 14 Feb 19

Why the tracker mortgage controversy is far from over

Business Editor Will Goodbody assesses the tracker mortgage controversy and speaks to one woman who is still living a "nightmare" 12 years after they took out their mortgage.

Ireland • 10 Feb 19

Almost 40,000 borrowers were identified as being affected by the tracker mortgage issue

€647m paid out to 39,800 affected tracker customers

Banks have paid out €647m in redress, compensation and costs to customers caught up in the tracker mortgage controversy, new figures from the Central Bank show.

Business • 04 Feb 19

Financial Services and Pensions Ombudsman still dealing with 1,221 tracker mortgage related complaints

Ombudsman received 723 tracker complaints last year

The Financial Services and Pensions Ombudsman is currently dealing with 1,221 tracker mortgage related complaints.

Business • 18 Jan 19

Central Bank Governor Philip Lane was before the Finance, Public Expenditure and Reform Committee today

Housing supply increasing, will take time to catch up

The Central Bank is seeing evidence of a significant supply response to a damaging scarcity of housing in Ireland but it will take a number of years to catch up, Governor Philip Lane said today.

Business • 05 Oct 18

AIB CEO Bernard Byrne says bank remains ready and open to address any other tracker mortgage cases should they emerge

2-3 years to get housing supply ahead of demand - Byrne

The chief executive of AIB has said that all impacted tracker mortgage customers across more than 30 individual groupings have been identified, contacted and restored to their correct interest rates.

Business • 21 Jun 18

Buying a house is not a one-way bet, Central Bank Governor Philip Lane tells the Institute for International and European Affairs

Central Bank does not favour any one NPL solution

The Central Bank Governor has said the tracker mortgage scandal has had a negative impact on public trust and confidence in the banks, which were already fragile in the aftermath of the economic crisis.

Business • 09 Mar 18

Ulster Bank reported an operating loss of €151m for the year to the end of December

Ulster Bank to sell up to 7,000 loans in arrears

Ulster Bank has confirmed that it is preparing for a potential sale of some mortgages that are in arrears and was setting aside €68m.

Business • 23 Feb 18

Wim Verbraeken, CEO of KBC Bank Ireland, apologises to customers affected by the tracker mortgage controversy

KBC Bank Ireland profits fall on tracker provisions

KBC Bank Ireland has reported a net profit of €183m after tax and impairments for the year to the end of December, down from a profit of €227m in 2016.

Business • 22 Feb 18

Francesca McDonagh told the committee that the tracker mortgage issue is at the top of her priority list

Bank of Ireland CEO says bank was too slow on trackers

The Chief Executive of Bank of Ireland has apologised unreservedly to customers affected by the tracker mortgage scandal.

Business • 30 Jan 18

Central Bank Governor Professor Philip Lane appearing at the Finance Committee

Tracker mortgage controversy to cost banks over €900m

The Central Bank estimates that the banks have made combined provisions of about €900m for what it called the "unprecedented" tracker mortgage scandal.

Business • 18 Jan 18

Finance Minister Paschal Donohoe is before the Finance Committee today

Govt to advertise for State nominees to banks' boards

The Minister for Finance Paschal Donohoe has said the government is to advertise for State nominees to sit on the boards of the Irish banks.

Business • 16 Jan 18

The country's five main banks are due to give updates on their tracker mortgage progress next week

Central Bank to give tracker mortgage update next week

The Central Bank is expected to indicate next week that a majority of mortgage customers, who were wrongly moved from tracker rates and originally identified, have been compensated and switched back to the correct rate.

Business • 12 Dec 17

Isolde Goggin tells the Finance Committee that the CCPC 'cannot go on a fishing expedition' in relation to tracker mortgages

Watchdog says can't go on tracker 'fishing expedition'

The chairperson of the CCPC told the Oireachtas Finance Committee there is no evidence of any breaches of competition law by banks in relation to the tracker mortgage scandal to warrant a criminal investigation.

Business • 07 Dec 17

AIB's impaired loans continue to decrease as net interest margin rises

AIB on track to meet full year market expectations

AIB has said it is on track for a full year financial performance in line with market expectations.

Business • 05 Dec 17

Central Bank's Deputy Governor Ed Sibley confirmed that the bank is planning enforcement investigations against the country's main banks

Central Bank calls for bankers to be held to account

The Central Bank has called for individual executives and board members at Irish banks to be held to account for the overcharging of at least 20,000 mortgage customers in recent years.

Business • 14 Nov 17

Bank of Ireland said yesterday it had identified another 6,000 customers who were wrongly removed from their tracker mortgages

Banks don't rule out further impacted tracker accounts

Banks caught up in the tracker mortgage scandal have not ruled out identifying more impacted accounts.

Business • 10 Nov 17

Brian Hayes has asked the Commission to investigate potential cartel activities at Irish banks

Hayes asks EU to investigate Irish banks over trackers

MEP Brian Hayes has made a complaint to the European Commission's Directorate-General for Competition in relation to the tracker mortgage scandal here.

Business • 26 Oct 17

Tracker Mortgages