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Thursday 22 October 2020
Ombudsman Ger Deering said up to 500 customers could be affected by these challenges.
Permanent TSB has been fined €21 million for regulatory breaches affecting tracker mortgage customers.
All of the complaints are on hold until the Central Bank finishes its review.
Sinn Féin’s Pearse Doherty said there was an “onus” on the banks to get in contact with these customers.
The bank said it is working to pay back all of this money, but TDs and senators were critical of the progress it has made so far.
The Central Bank’s governor Philip Lane confirmed 13,000 impacted customers are still waiting to get their money back.
Strict new coronavirus measures have come into effect – here’s what they mean for you.
Paschal Donohoe was speaking to the Finance Committee today about the tracker mortgage scandal.
KBC estimates up to 1,661 of its customers may have been impacted.
This brings the total number of impacted Bank of Ireland customers to 10,300.
Minister Donohoe was addressing the media in a week where he met all the main banks’ CEOs.
Both David Greaves and his wife were diagnosed with cancer in the time it took for them to get back their money and €9,000 in compensation.
Fianna Fáil’s Michael McGrath said the minister should give no approval for salary increases until redress is given.
The heads of three banks are due to meet with the Finance Minister to discuss the issue today.
The bank’s CEO revealed almost 3,500 customers were overcharged.
The bank secured a possession order on Raymond Flavin’s Kerry home – then admitted to overcharging him for ‘a period of time’.
AS THE COUNTRY enters Level 5 restrictions for the next six weeks, we’ll all be finding different ways to occupy our time or take a break from work.
In April and May, many people put their trainers on and went for long walks, jogs or runs. Others took a dip in the sea.
With restrictions now in place, we want to know: Do you plan to exercise more over the next six weeks?
Poll Results:
Share your story: voices@thejournal.ie
Lecturer Maeve O’Rourke analyses the government’s nine main arguments in relation to the Bill.
Chilly with a blend of sun and clouds
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Some sun with a couple of showers; cool
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Windy with periods of rain
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