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 … Business • 11 Jul
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 … Business • 05 Jul
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% … Business • 05 Jul
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 … Business • 02 Jul
Central Bank lowers growth forecast for domestic economy The Central Bank has reduced its forecasts for economic growth this year. Business • 18 Jun
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
Rising geopolitical tensions pose risk: Central Bank The Central Bank of Ireland has warned that, despite the strength of the Irish economy, risks remain amid rising geopolitical tensions. Business • 11 Jun
Budget should not fuel inflation - Central Bank Governor The Government should avoid fueling inflation with its Budget 2025 package, the Governor of the Central Bank has said. Business • 07 Jun
Central Bank recorded a €132m loss in 2023 The Central Bank made a loss of €132.1m last year, as a result of monetary policy decisions taken across the euro area to bring inflation … Business • 30 May
Irish mortgage rates see third monthly increase in a row The average interest rate on a new mortgage in Ireland rose for the third month in a row in March to reach the highest level … Business • 09 May
Value of card payments up by 8.2% in March - Central Bank New figures from the Central Bank show the total value of card payments amounted to €8.1 billion in March, an increase of 8.2% compared to … Business • 01 May
Bankinter's Ireland expansion good news for consumers Great news for consumers, businesses and the economy, but not so good for existing Irish banks and non-bank lenders is how the announcement that Spanish … Business • 26 Apr
Banks need to do more for borrowers in early arrears - CB A Central Bank review of the supports that are in place for borrowers experiencing early mortgage arrears has found they need to be improved. Business • 24 Apr
Makhlouf expects ECB will cut interest rates in June The Governor of the Central Bank has said he expects that "all things equal" the European Central Bank will cut interest rates in June. Business • 16 Apr
Volume of payment transactions jumps by 36% in 2023 New figures from the Central Bank show that a total of 4.14 billion payment transactions were recorded last year, an increase of 36% on 2022. Business • 16 Apr
Irish mortgage rates edge higher in February New figures from the Central Bank show that average mortgage rates in Ireland rose to 4.29% in February from 4.27% in January. Business • 10 Apr
Credit Union home loans up by 53% in 2023 - Central Bank A new Central Bank report on the financial conditions of credit unions shows increased levels of lending and saving among members but also an increase … Business • 08 Apr
Premiums increase despite injury claim settlement drop The average cost of settling public and employer liability claims through the Injuries Resolution Board dropped by a third in 2022 compared to 2020, according … Business • 04 Apr
Early mortgage arrears rise as cost of living bites New figures from the Central Bank show that early mortgage arrears - arrears of less than 90 days - rose by 3% in the fourth … Business • 26 Mar
Credit unions main lender for personal loans - research Overall non-performing consumer loans at banks and credit unions remain near recent historical lows, despite a slight increase observed in new early arrears cases. Business • 25 Mar
Central Bank lowers forecast for domestic economic growth The Central Bank has revised downwards slightly its forecasts for growth in the domestic economy this year, but still expects that it will continue to … Business • 12 Mar
Central Bank cautioned against mortgage interest relief The Central Bank told the Department of Finance a scheme for mortgage interest relief would almost exclusively benefit homeowners aged over 40 who were the … Business • 11 Mar
Central Bank launches consultation on new consumer code Enhanced clarity, predictability and accessibility on consumer protection obligations are among the key aims of a new Consumer Protection Code being developed by the Central … Business • 07 Mar
Ireland lagging on retail payments Central Bank warns Ireland lags other part of Europe when it comes to retail payments, the Central Bank has claimed. Business • 04 Mar
Central Bank fines Goodbody €1.2m for breaches of rules Goodbody Stockbrokers has been fined a total of €1.225m by the Central Bank for breaching its obligations under the Market Abuse Regulations (MAR) for more … Business • 29 Feb