# 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’.
# central-bank - Tuesday 22 September, 2020
# Wealth Inequality
# Wealth Inequality
The study takes 2013 to represent ‘the low-point of the last recession in Ireland’.
# central-bank - Wednesday 9 September, 2020
# Insurance Premiums
# Insurance Premiums
Firms have “not sufficiently considered customer interests” when developing pricing policies.
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