Advertisement

Readers like you keep news free for everyone.

More than 5,000 readers have already pitched in to keep free access to The Journal.

For the price of one cup of coffee each week you can help keep paywalls away.

Support us today
Not now
Dublin: 15°C Friday 19 August 2022

#Central Bank

# central-bank - Tuesday 22 September, 2020

Irish household finances more resilient than before the last recession, says Central Bank
# Wealth Inequality
# Wealth Inequality

Irish household finances more resilient than before the last recession, says Central Bank

Sep 22nd 2020, 2:15 PM 15,594 Views 19 Comments

The study takes 2013 to represent ‘the low-point of the last recession in Ireland’.

# central-bank - Wednesday 9 September, 2020

Irish regulator finds 'majority' of home and car insurers charged different prices to customers with similar risk
# Insurance Premiums
# Insurance Premiums

Irish regulator finds 'majority' of home and car insurers charged different prices to customers with similar risk

Sep 9th 2020, 12:02 PM 46,424 Views 89 Comments

Firms have “not sufficiently considered customer interests” when developing pricing policies.

# central-bank - Tuesday 28 July, 2020

Bank of Ireland fined €1.6 million by Central Bank following cyberfraud investigation
# Fraud
# Fraud

Bank of Ireland fined €1.6 million by Central Bank following cyberfraud investigation

Jul 28th 2020, 1:13 PM 18,002 Views 20 Comments

The investigation was sparked by a 2014 cyberfraud incident which the Bank of Ireland did not immediately report to the gardaí.

# central-bank - Monday 20 July, 2020

'We must solve these problems now': Plans to help families at risk of home repossession post-Covid criticised
# Repossessions
# Repossessions

'We must solve these problems now': Plans to help families at risk of home repossession post-Covid criticised

Jul 20th 2020, 6:10 AM 12,416 Views 12 Comments

Sinn Féin’s Eoin Ó Broin has said the establishment of a non-judicial court would help to support families at risk of repossession.

# central-bank - Sunday 12 July, 2020

Central Bank 'made clear' expectations for bank transparency about mortgage breaks, governor says
# Payments
# Payments

Central Bank 'made clear' expectations for bank transparency about mortgage breaks, governor says

Jul 12th 2020, 2:28 PM 15,330 Views 40 Comments

Tánaiste Leo Varadkar said yesterday he doesn’t ‘fully trust’ the banks not to try to profit during the pandemic.

# central-bank - Thursday 9 July, 2020

Explainer: Why Irish banks are being accused of 'profiteering from the pandemic'
# The Banks
# The Banks

Explainer: Why Irish banks are being accused of 'profiteering from the pandemic'

Jul 9th 2020, 2:26 PM 20,828 Views 46 Comments

Developments in recent days have undermined the banks’ positions.

# central-bank - Tuesday 7 July, 2020

Central Bank 'determined' to avoid 'tracker mortgage scandal Mark II' over Covid insurance payouts
# Central Bank
# Central Bank

Central Bank 'determined' to avoid 'tracker mortgage scandal Mark II' over Covid insurance payouts

Jul 7th 2020, 11:39 AM 20,253 Views 14 Comments

Gabriel Makhlouf was addressing the Special Dáil Committee on Covid-19 this morning.

# central-bank - Sunday 5 July, 2020

Explainer: Why there's likely to be a lot of liquidations and corporate insolvencies in the near future
# Covid-19 And Business
# Covid-19 And Business

Explainer: Why there's likely to be a lot of liquidations and corporate insolvencies in the near future

Jul 5th 2020, 8:30 AM 40,511 Views 19 Comments

Insolvency experts are expecting to be deluged as a result of the pandemic.

# central-bank - Friday 3 July, 2020

Central Bank: Early signs of recovery are visible but Ireland's economic future remains uncertain
# Economic Forecast
# Economic Forecast

Central Bank: Early signs of recovery are visible but Ireland's economic future remains uncertain

Jul 3rd 2020, 12:10 AM 17,936 Views 19 Comments

Real-time economic data suggests the worst of the decline was experienced in April.

# central-bank - Tuesday 23 June, 2020

Almost 4,000 mortgage accounts fell into arrears in Q1 of this year, figures from the Central Bank show
# Covid19
# Covid19

Almost 4,000 mortgage accounts fell into arrears in Q1 of this year, figures from the Central Bank show

Jun 23rd 2020, 3:50 PM 12,705 Views 12 Comments

The lowest number of mortgage arrears since 2010 was recorded in the first quarter of the year.

# central-bank - Tuesday 16 June, 2020

Covid-19 poses 'unprecedented' test of Irish economy, warns Central Bank Governor
# Gabriel Makhlouf
# Gabriel Makhlouf

Covid-19 poses 'unprecedented' test of Irish economy, warns Central Bank Governor

Jun 16th 2020, 2:32 PM 10,847 Views 9 Comments

The Central Bank has warned that the longer the pandemic lasts, the greater the risk to the Irish economy.

Money being spent on credit and debit cards is almost back to pre-Covid levels
# Central Bank
# Central Bank

Money being spent on credit and debit cards is almost back to pre-Covid levels

Jun 16th 2020, 10:33 AM 13,646 Views 21 Comments

There was a sharp drop in ATM withdrawals in April.

# central-bank - Monday 8 June, 2020

New Central Bank rules mean moneylenders must place warnings on high interest loans
# Central Bank
# Central Bank

New Central Bank rules mean moneylenders must place warnings on high interest loans

Jun 8th 2020, 4:55 PM 10,139 Views 11 Comments

Ads from moneylenders will now have to contain warnings about high interest rates, as well as encouraging consumers to look for other options

# central-bank - Thursday 30 April, 2020

We're spending far less on a lot of things - except groceries - during the Covid-19 pandemic
# Card Spending
# Card Spending

We're spending far less on a lot of things - except groceries - during the Covid-19 pandemic

Apr 30th 2020, 4:44 PM 22,333 Views 29 Comments

New data published by the Central Bank includes details of card spending and ATM transactions since the beginning of March.

# central-bank - Wednesday 15 April, 2020

We've been using bank cards a lot less (and cash even less than that) during the Covid-19 crisis
# Central Bank
# Central Bank

We've been using bank cards a lot less (and cash even less than that) during the Covid-19 crisis

Apr 15th 2020, 2:22 PM 23,726 Views 46 Comments

Two new reports from the Central Bank today highlight a change in how we’re spending and also the number of jobs being posted.

# central-bank - Thursday 19 March, 2020

So-called vulture funds and non-bank lenders to allow three-month mortgage break over Covid-19 outbreak
# Central Bank
# Central Bank

So-called vulture funds and non-bank lenders to allow three-month mortgage break over Covid-19 outbreak

Mar 19th 2020, 6:58 PM 24,230 Views 41 Comments

The Central Bank said this evening that there was no impediment to providing the three-month payment breaks.

# central-bank - Wednesday 12 February, 2020

Irish economic growth expected to slow even with Brexit trade deal, says Central Bank
# Economy
# Economy

Irish economic growth expected to slow even with Brexit trade deal, says Central Bank

Feb 12th 2020, 10:35 AM 14,152 Views 27 Comments

Overall, the country’s economic growth has been described as “broadly positive”.

# central-bank - Wednesday 29 January, 2020

Capital power: why fintech companies are looking to Dublin in the e-money licence quest
# Future Of Finance
# Future Of Finance

Capital power: why fintech companies are looking to Dublin in the e-money licence quest

Jan 29th 2020, 8:19 PM 485 Views 0 Comments

US company Payoneer is the latest to get approval as Ireland is at the centre of a fintech revolution.

# central-bank - Thursday 2 January, 2020

The cost of buying a home in Ireland has flatlined - the average price for a house is now €267,000
# House Prices
# House Prices

The cost of buying a home in Ireland has flatlined - the average price for a house is now €267,000

Jan 2nd 2020, 8:00 AM 41,609 Views 36 Comments

The asking price for new sales nationally is around €267,000, while the price in Dublin is €374,000.

# central-bank - Monday 23 December, 2019

FactCheck: Has car insurance really gotten cheaper since 2016?
# Factcheck
# Factcheck

FactCheck: Has car insurance really gotten cheaper since 2016?

Dec 23rd 2019, 8:00 AM 21,613 Views 40 Comments

The Taoiseach has claimed the price of insurance is going down – but is he right?

# central-bank - Tuesday 17 December, 2019

'Greedy insurance industry' has spun a false narrative to maximise profits, Dáil hears
# Insurance Costs
# Insurance Costs

'Greedy insurance industry' has spun a false narrative to maximise profits, Dáil hears

Updated Dec 17th 2019, 7:49 PM 22,561 Views 64 Comments

Sinn Féin’s Pearse Doherty has said the insurance crisis is not a priority around the Cabinet table.

# central-bank - Monday 16 December, 2019

Pearse Doherty: Damning Central Bank report reveals an insurance industry that prizes profit above its customers
# Opinion
# Opinion

Pearse Doherty: Damning Central Bank report reveals an insurance industry that prizes profit above its customers

Dec 16th 2019, 8:20 PM 25,322 Views 62 Comments

Sky-high premiums aren’t covering the cost of a ‘compo-culture’ but servicing the industry’s profits, writes Pearse Doherty.

Cost of car insurance rises by 42% despite an overall reduction in number of claims
# Premium Rates
# Premium Rates

Cost of car insurance rises by 42% despite an overall reduction in number of claims

Dec 16th 2019, 12:37 PM 35,708 Views 105 Comments

Figures showing the average cost of premiums and payouts were released by the Central Bank today.

# central-bank - Wednesday 4 December, 2019

Central Bank keeps 10% minimum deposit rule for first time buyers for 2020
# First Time Buyers
# First Time Buyers

Central Bank keeps 10% minimum deposit rule for first time buyers for 2020

Dec 4th 2019, 2:39 PM 19,707 Views 56 Comments

The Central Bank’s governor Gabriel Makhlouf said that the current rules are working.

# central-bank - Tuesday 26 November, 2019

A €15 silver coin has been minted by the Central Bank in tribute to Phil Lynott
# Sterling Work
# Sterling Work

A €15 silver coin has been minted by the Central Bank in tribute to Phil Lynott

Nov 26th 2019, 2:08 PM 35,345 Views 28 Comments

President Higgins launched the commemorative coin in Lynott’s former school in Crumlin.

# central-bank - Wednesday 20 November, 2019

Any form of Brexit will be damaging for Ireland, new Central Bank chief warns
# First Speech
# First Speech

Any form of Brexit will be damaging for Ireland, new Central Bank chief warns

Nov 20th 2019, 1:42 PM 9,870 Views 32 Comments

Economic resilience is needed for the country to meet the economic challenges ahead, Gabriel Makhlouf said.

# central-bank - Friday 15 November, 2019

Calls for head of KBC group to apologise after comments about 'annoying' tracker mortgage scandal
# Johan Thijs
# Johan Thijs

Calls for head of KBC group to apologise after comments about 'annoying' tracker mortgage scandal

Updated Nov 15th 2019, 11:14 AM 26,255 Views 88 Comments

More than 40,000 people were affected by the scandal.

# central-bank - Friday 1 November, 2019

Insurers must give customers information on previous year premiums, Central Bank rules
# Central Bank
# Central Bank

Insurers must give customers information on previous year premiums, Central Bank rules

Nov 1st 2019, 6:00 AM 15,767 Views 31 Comments

The rules mean that insurers must also extend their renewal notification period from 15 to 20 working days.

# central-bank - Friday 11 October, 2019

The consumer cost of a no-deal Brexit: Grocery prices at risk of rising
# Central Bank Forecast
# Central Bank Forecast

The consumer cost of a no-deal Brexit: Grocery prices at risk of rising

Oct 11th 2019, 8:02 AM 17,043 Views 28 Comments

A no-deal scenario would also cost Ireland 73,000 jobs over the next two years, according to analysts’ predictions.

# central-bank - Friday 27 September, 2019

'There's no excuse': Central Bank says some insurance firms not prepared for no-deal Brexit
# Brexit
# Brexit

'There's no excuse': Central Bank says some insurance firms not prepared for no-deal Brexit

Sep 27th 2019, 11:44 AM 10,798 Views 15 Comments

Ed Sibley said overall the Irish financial system is resilient enough to withstand a hard Brexit.

# central-bank - Monday 23 September, 2019

Ireland's corporation tax revenue may not prove 'sustainable', warn Central Bank economists
# Finances
# Finances

Ireland's corporation tax revenue may not prove 'sustainable', warn Central Bank economists

Sep 23rd 2019, 12:15 PM 12,818 Views 50 Comments

Brexit and lower corporation tax receipts could leave Ireland uniquely vulnerable.

# central-bank - Saturday 7 September, 2019

Central Bank gets the green light for €300,000 sculpture by acclaimed Irish artist
# Eva Rothschild
# Eva Rothschild

Central Bank gets the green light for €300,000 sculpture by acclaimed Irish artist

Sep 7th 2019, 10:00 AM 19,948 Views 85 Comments

The sculpture is expected to be in place by the end of next year.

# central-bank - Wednesday 28 August, 2019

Central Bank tells government to save rather than spend windfalls to help buffer Ireland against future downturns
# Watch The Pennies
# Watch The Pennies

Central Bank tells government to save rather than spend windfalls to help buffer Ireland against future downturns

Aug 28th 2019, 6:42 PM 11,725 Views 38 Comments

If windfalls are going to be to be used, they should be used to reduce Ireland’s debt.

# central-bank - Saturday 10 August, 2019

Explainer: Why is there controversy over the new Central Bank governor?
# Gabriel Makhlouf
# Gabriel Makhlouf

Explainer: Why is there controversy over the new Central Bank governor?

Aug 10th 2019, 8:30 PM 16,010 Views 11 Comments

It all stems from a leak of New Zealand’s budget earlier this year.

# central-bank - Wednesday 7 August, 2019

Incoming Central Bank boss tells Donohoe he could have described NZ controversy 'more clearly'
# Gabriel Makhlouf
# Gabriel Makhlouf

Incoming Central Bank boss tells Donohoe he could have described NZ controversy 'more clearly'

Aug 7th 2019, 9:48 PM 13,455 Views 20 Comments

Gabriel Makhlouf told the minister he accepts the findings of the probe into the New Zealand budget controversy.

# central-bank - Wednesday 31 July, 2019

Central Bank's dire no-deal Brexit warning: 34,000 fewer jobs by the end of 2020
# No Deal
# No Deal

Central Bank's dire no-deal Brexit warning: 34,000 fewer jobs by the end of 2020

Jul 31st 2019, 6:20 AM 13,515 Views 19 Comments

Economic growth would slump to less than one per cent next year, the regulator has warned.

# central-bank - Monday 22 July, 2019

Acting Central Bank governor says bankers' pay caps 'may limit the pool of candidates for senior positions'
# Banks
# Banks

Acting Central Bank governor says bankers' pay caps 'may limit the pool of candidates for senior positions'

Jul 22nd 2019, 9:10 PM 11,829 Views 60 Comments

The finance minister is currently considering a report which reviewed whether bankers’ pay should be increased.

# central-bank - Tuesday 16 July, 2019

Banks offer average of €194,000 to people who lost homes due to tracker mortgage scandal
# Tracker Mortgage
# Tracker Mortgage

Banks offer average of €194,000 to people who lost homes due to tracker mortgage scandal

Jul 16th 2019, 11:00 AM 66,940 Views 83 Comments

There were 99 homes lost as a result of lenders’ failings as well as 216 buy-to-let properties.

# central-bank - Friday 12 July, 2019

Hard Brexit could cause house prices to fall, Central Bank warns
# Financial Stability
# Financial Stability

Hard Brexit could cause house prices to fall, Central Bank warns

Jul 12th 2019, 7:29 AM 28,054 Views 92 Comments

The Central Bank warned that external events were the main risks facing the Irish economy.

# central-bank - Friday 5 July, 2019

Wells Fargo fined €5.8m by Central Bank over failures in regulatory reporting
# Regulations
# Regulations

Wells Fargo fined €5.8m by Central Bank over failures in regulatory reporting

Jul 5th 2019, 2:36 PM 9,816 Views 13 Comments

A spokesperson for the bank said it had made ‘significant improvements’ to systems, processes and resources.