# Interest Rate

European Central Bank raises interest rates by 0.25 percentage points

The institution has lifted rates at an unprecedented pace since last year to combat spiralling energy and food costs.

31.4k

Updated

May 4th 2023, 1:30 PM

# Interest Rate

Ulster Bank increases fixed mortgage rates for second time in four months

The new rates are effective from today and will only apply to certain existing customers.

13.7k

Feb 24th 2023, 1:20 PM

# Inflation

AIB due to raise mortgage rates following European Central Bank hike

The bank said that it intended to raise interest rates further in March.

29.9k

Updated

Feb 2nd 2023, 5:17 PM

Last year

2022

# Interest Rate

Ulster Bank increases fixed mortgage rates for some customers by 0.75%

The rate increase applies to two, four and seven year fixed rate mortgages, as well as four year fixed Green mortgages.

13.8k

Nov 24th 2022, 1:04 PM

All time

# moneylending

Central Bank proposes tough new measures to protect consumers from moneylenders

St Vincent de Paul said action was needed to protect consumers from “predatory and exploitative” forms of credit.

12.3k

Mar 27th 2018, 9:44 PM

# Libor

Three former bankers charged in connection with UK lending rate fixing

It brings the total of people charged in relation to the scandal to six.

5.1k

Feb 17th 2014, 1:53 PM

# Super Mario

Steady as she goes: ECB holds interest rate at record low of 0.25 per cent

Good news for those on tracker mortgages today as records remain at a record low.

4.2k

Dec 5th 2013, 1:50 PM

# Super Mario

All-time low: ECB cuts its main interest in boost to tracker mortgage holders

ECB president Mario Draghi has cut the rate for the fifth time in two years.

12.6k

106

Nov 7th 2013, 1:06 PM

Evening Wrap

The 5 at 5 5 minutes, 5 stories, 5 o’clock…

4.9k

Jul 5th 2012, 4:49 PM

# Interest Rate

ECB cuts interest rate to record low

Key eurozone interest rate cut by 0.25 per cent.

4.3k

Jul 5th 2012, 1:58 PM

Falling German inflation could mean ECB cut for mortgage holders

New data shows German inflation at its lowest for 18 months – meaning less pressure on the ECB to keep rates up.

3.8k

Jun 27th 2012, 2:53 PM

Good news for mortgage customers: PTSB to cut interest rate

The bank announced this afternoon it is cutting its interest rate to move closer in line with competitors.

3.4k

May 1st 2012, 1:15 PM

ECB interest rates remain unchanged

ECB head Mario Draghi said that there are “tenatative” signs of stabilisation in the eurozone.

1.5k

Feb 9th 2012, 2:30 PM

# Bankers

Taoiseach urges banks to pass on interest rate cut

The ECB has announced a cut in interest rates – but AIB, Ulster Bank and National Irish Bank have all said they won’t pass on the cut to mortgage customers.

2.4k

Dec 13th 2011, 7:42 PM

ECB interest rate cut may be announced on Thursday

Homeowners could benefit from a cut by the European Central Bank in interest rates, which is expected to be up to 0.5 per cent.

2.5k

Dec 6th 2011, 8:36 AM

# Rate Cut

Gilmore urges other banks to follow AIB with rate cut

The Tánaiste has called on Bank of Ireland and Ulster Bank to also pass on the ECB rate reduction to mortgage customers.

370

Nov 11th 2011, 9:06 AM

# AIB

AIB announces interest cut to variable rate mortgages

In a turnaround from yesterday, the bank has decided to implement a cut of 0.25 per cent on variable rate mortgages.

1.0k

Nov 10th 2011, 8:03 PM

# AIB

AIB will not pass ECB interest rate cut to customers

The bank says it hasn’t passed on the ECB’s past two rate increases to customers and, similarly, would not be passing on the recent cut.

1.2k

Nov 9th 2011, 5:13 PM

# Interest Rates

Two banks will pass on ECB interest rate cut to mortgage holders

But aside from Permanent TSB and KBC Bank Ireland, what are the other banks doing?

3.5k

Nov 4th 2011, 9:48 AM

European Commission reduces margin on Irish bailout to zero

The EC says it’s lowering the interest on its part of Ireland’s bailout loans in line with that of the Eurozone’s portion.

2.7k

Sep 14th 2011, 12:14 PM

Trichet: Ireland is gaining credibility and increasing creditworthiness

The ECB president has some kind words, as the main ECB interest rate remains unchanged – and could even be lowered soon.

774

Sep 8th 2011, 2:47 PM

Mortgage relief as ECB expected to avoid hiking interest rates

European Central Bank officials will meet in Frankfurt today to make a decision that will affect Irish homeowners.

338

Sep 8th 2011, 10:49 AM

New bailout deal will reduce debt quicker than expected - ESRI

Ireland could return to normal lending markets by 2014 according to the economic think tank.

713

Sep 6th 2011, 7:19 AM

Relief for mortgage holders? Analysts reckon ECB will cut interest rates

The ECB had been expected to continue raising interest rates this year, but may now cut them to revive the economy.

794

Sep 3rd 2011, 3:00 PM

# Interest Rates

ECB maintains 1.5 per cent rate amid Eurozone concerns

Spanish and Italian bond yields have eased slightly today on the 14-years highs they struck earlier.

181

Aug 4th 2011, 3:05 PM

# Eurozone

ECB to meet amid one prediction that Italy will default

But Silvio Berlusconi insists the banks are solid and that his austerity plan will work.

972

Aug 4th 2011, 7:46 AM

# Budget 2012

Noonan warns bailout rate change won’t ease budget cuts

The next budget will contain further cuts of around €4bn, despite the country saving millions on its bailout loan payments.

399

Jul 23rd 2011, 12:42 PM

# Your Say

Poll: Are you happy with the new Eurozone deal?

Ireland is set to save between €600-€800m on its loans – does this go far enough?

3.3k

Jul 22nd 2011, 11:32 AM

Good Morning

The 9 at 9 Nine things to know this morning: Victory on our bailout interest, former NotW editor drops bombshell on James Murdoch, and Simon Cowell’s latest legal headache

2.9k

Jul 22nd 2011, 8:56 AM

Ireland 12.5, France 0: Corporate tax spat over as country to save hundreds of millions

A lower interest rate means savings of between €600 million and €800 million on Ireland’s loans. And corporate tax? C’est fini. But what’s the future for Europe?

865

Jul 22nd 2011, 7:35 AM