# central-bank - Thursday 7 July, 2022
# Inflation
# Inflation
The economy is still expected to grow over the coming years but downside risks have increased.
# central-bank - Monday 4 July, 2022
# Cabinet
# Cabinet
The Bill aims to give greater powers to regulators to punish individual misconduct.
# central-bank - Thursday 23 June, 2022
# Central Bank
# Central Bank
AIB received a record fine of €83.3 million while EBS received a fine of €13.4 million.
# central-bank - Wednesday 15 June, 2022
# Stability
# Stability
The review also found “emerging pressures” in the housing market.
# central-bank - Friday 10 June, 2022
# Scam
# Scam
The fraudulent entities are operating as retail credit firms and using the bank’s logo and name.
# central-bank - Thursday 9 June, 2022
# Catriona Carey
# Catriona Carey
Carey is listed as the sole director of Careysfort Asset Estates Ltd.
# central-bank - Tuesday 17 May, 2022
# Banking Switch
# Banking Switch
The exit of KBC and Ulster Bank will whittle Ireland’s number of retail banks from five down to just three.
# central-bank - Monday 16 May, 2022
# New Rules
# New Rules
The regulator has also placed an interest rate cap of 23% APR on all consumer credit agreements.
# central-bank - Wednesday 27 April, 2022
# Account Switch
# Account Switch
Both Ulster Bank and KBC Bank are winding down their operations in Ireland.
# central-bank - Monday 11 April, 2022
# Cost Of Living
- Current social welfare rates were set last year when inflation was expected to peak at 4.5% annually.
- But with prices on the march, household earnings are now expected to fall in real terms in 2022 for the first time since 2013.
- Economists say raising core social welfare raise on a temporary basis could be the best way of protecting low-income households.
# central-bank - Wednesday 6 April, 2022
# Taxing Matters
# Taxing Matters
Tax revenues were up over 30% compared with the same period last year when strict public health measures were in place.
# Cost Of Living
# Cost Of Living
The war is expected to “weigh” on trade and overall growth while fueling “strong” energy price inflation, the Central Bank said,
# central-bank - Thursday 24 March, 2022
# Central Bank
# Central Bank
BNY Mellon Fund Services also provided “inaccurate and misleading information” to the Central Bank.
# central-bank - Tuesday 15 March, 2022
# Regulations
# Regulations
The regulations were the result of a review by the Central Bank of the use of differential pricing.
# central-bank - Friday 18 February, 2022
# Phoning It In
# Phoning It In
it conducted a review of the five main retail banks.
# central-bank - Wednesday 26 January, 2022
# Economic Outlook
# Economic Outlook
Economic activity is back to pre-pandemic levels but inflation looms large.
# central-bank - Thursday 25 November, 2021
# First Time Buyers
# First Time Buyers
The Central Bank has left its mortgage rules unchanged.
# central-bank - Wednesday 10 November, 2021
# Central Bank
# Central Bank
The bank reached a €21 million settlement with the Central Bank in 2019 in respect of 42 regulatory breaches.
# central-bank - Sunday 1 August, 2021
# Accountability Regime
# Accountability Regime
Draft legislation published this week aims to give the Central Bank more power to target individuals.
# central-bank - Wednesday 21 July, 2021
# Central Bank
# Central Bank
The Central Bank’s proposals are “a victory for consumers”, says Pearse Doherty.
# central-bank - Thursday 24 June, 2021
# Housing Crisis
# Housing Crisis
The rules restrict the amount someone can borrow to 3.5 times their income, though there are exemptions.
# central-bank - Sunday 20 June, 2021
# Mortgage Lending Rules
# Mortgage Lending Rules
Vasileios Madouros of the Central Bank says a fresh review of its mortgage lending measures will include submissions from the public.
# central-bank - Wednesday 16 June, 2021
# Road To Recovery
# Road To Recovery
“A clearer path to recovery” has become visible in recent months.
# central-bank - Wednesday 26 May, 2021
# Morning Memo
# Morning Memo
Details about the cost of reforms like Sláintecare are thin on the ground beyond 2021, IFAC says.
# central-bank - Thursday 1 April, 2021
# Central Bank
# Central Bank
However, the outlook remains ‘uncertain’ and unemployment will remain high into 2022.
# central-bank - Sunday 14 March, 2021
# Davy Sale
# Davy Sale
The Central Bank wants an expanded regulatory toolkit to tackle individuals.
# central-bank - Thursday 11 March, 2021
# Unauthorised Firm
# Unauthorised Firm
It’s a criminal offence for an unauthorised firm to provide financial services in Ireland that would require Central Bank authorisation.
# central-bank - Tuesday 9 March, 2021
# Central Bank
# Central Bank
The scandal has led to fierce criticism of the firm, and its CEO resigned at the weekend.
# central-bank - Thursday 28 January, 2021
# Breach
# Breach
The Central Bank of Ireland found that Keystone Insurance overcharged 62 customers over five years.
# central-bank - Monday 25 January, 2021
# Central Bank
# Central Bank
The Central Bank governor said today that the positive economist forecast “remains contingent on key assumptions regarding Covid-19 developments.”
# central-bank - Friday 22 January, 2021
# Central Bank
# Central Bank
Irish GDP grew by 2.5% in spite of the pandemic, according to the updated data.
# central-bank - Monday 21 December, 2020
# Borrowers Beware
# Borrowers Beware
There has been a surge in the prevalence of unauthorised moneylenders.
# central-bank - Tuesday 15 December, 2020
# Liteway Loans
# Liteway Loans
Gardaí have also issued a warning.
# central-bank - Monday 14 December, 2020
# Loyalty Penalty
# Loyalty Penalty
The practice sees customers with similar risks paying different premiums.
# central-bank - Thursday 26 November, 2020
# Central Bank
# Central Bank
Mortgage transactions have recovered since the summer, according to the latest data.
# central-bank - Thursday 12 November, 2020
# The Banks
# The Banks
However, the Belgian-owned bank saw a ‘record number’ of mortgage applications in the third quarter.
# central-bank - Wednesday 11 November, 2020
# Central Bank
# Central Bank
Proceeds from the sale will be used to offset the costs of its North Wall Quay expansion.
# central-bank - Tuesday 3 November, 2020
# Premium Content
# Premium Content
Industry profit margins were up from 9% in 2018 to 10% last year.
# central-bank - Tuesday 6 October, 2020
# Economic Forecast
# Economic Forecast
The latest forecast is buoyed by the ‘resilience’ of Irish exports.
# central-bank - Thursday 24 September, 2020
# The Banks
# The Banks
The Central Bank said the impact on customers was ‘devastating’.