Central Bank

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Margrethe Vestager, competition commissioner of the European Commission, is before the European Parliament committee on economic and monetary affairs on Tuesday.

EU competition commissioner Margrethe Vestager has declined to rule out the possibility of an EU investigation into Ireland’s tracker mortgage scandal(...)

The banks’ heel-dragging in addressing the tracking-mortgage scandal transparently and generously is only further damaging the reputation of an already badly tarnished sector.

I refer to your article in The Irish Times last month in relation to the tracker mortgage scandal. In it, you state that certain AIB customers in 200(...)

ECB president Mario Draghi. ECB purchases of Irish bonds plunged 45 per cent in January as the headroom began to narrow as a result of previous purchases. Photograph: Stephanie Lecocq/EPA

European Central Bank president Mario Draghi has pushed back on calls to ease Ireland’s current restricted access to his €2.5 trillion quantitative ea(...)

The arrears support unit of KBC Bank Ireland in Dublin. Photograph: Bryan O’Brien

KBC Bank Ireland has revealed that a surge in profits last year and its Belgian parent’s recent commitment to the State will help shave tens of millio(...)

Debit card spending on restaurants rose 22 per cent year on year  to €168 million in September.

The popularity of contactless payments has fuelled a 14 per cent rise in the value of debit card transactions. Central Bank figures show debit card p(...)

A view of Central Bank of Ireland’s new Dublin Docklands headquarters. Photograph: Niall Carson / PA Wire

The value of current accounts rose by 15 per cent during the first half of the year, fresh figures from the Central Bank show. In its latest Consumer(...)

Moody’s said Bank of Ireland’s provision of a further €150 million to €175 million to cover refunds, compensation and other costs relating to the overcharging of mortgage customers will wipe out 70 per cent of its fourth-quarter pretax profit.

Bank of Ireland’s move last week to identify a further 6,000 customers hit by an industry-wide tracker-mortgage controversy raises questions about the(...)

The Central Bank sold the bonds  to the NTMA, which immediately cancelled them.  Photograph: Frank Miller

The Central Bank has stepped up the sale of bonds it received from the State in 2013 as part of a refinancing of defunct lender Anglo Irish Bank. Th(...)

Despite a pick-up in lending, most notably Central Bank governor Philip Lane says Ireland’s credit cycle remains “subdued”. As a result, he said the(...)

Despite rapidly rising costs and Ministerial approval for an increase, the taxpayer will continue to subvent the costs of regulating mortgage brokers (...)

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