All the updated news related to Central Bank

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National News

Ireland has second highest mortgage interest rate in Europe

Ireland has the second highest mortgage interest rates in Europe, second only to Greece. New figures from the Central Bank show that rates here were double those in the rest of the currency zone in August. In August the average interest rate was 2....

13 Oct 2021 at 17:50

National News

Price rises becoming more widespread, Ireland’s Central Bank warns

The Central Bank of Ireland has warned that inflation has become more widespread and 180,000 families are most at risk of further increases in prices. It is forecasting inflation at 8% for the year, falling to 6.3% next year. The bank’s quarterly ...

05 Oct 2022 at 18:00

National News

Central Bank warns risks to financial system have increased

The risks facing the Irish financial system have increased as inflation is weighing heavily on the global economy, the Central Bank has warned. Persistent inflation and higher interest rates continue to pose challenges to an otherwise resilient ...

07 Jun 2023 at 15:10

National News

Further interest rate hikes on the way confirms chief economist

There will probably be several more interest rate increases this year and early next year, Chief Economist of the European Central Bank, Philip Lane said. He said these increases would be introduced before they are brought back to what he ...

19 Sept 2022 at 19:00

National News

Car insurance claims drop as company profits soar

Insurance companies saw profits soar on their motor business last year, according to a report from the Central Bank. The report on the private motor insurance sector found that the price of the average motor premium also fell. The ...

16 Nov 2021 at 12:45

National News

Exactly how much Irish households will save per month with mortgage rates to be cut

The European Central Bank (ECB) is expected to cut rates this week in good news for Irish and European mortgage holders. The cut may result in marginal savings for some while other households will miss out. Martina Hennessy, CEO ...

04 Jun 2024 at 19:02

National News

Housing crisis not just confined to Ireland, Varadkar insists

A crisis in housing supply is not unique to Ireland and similar problems are being experienced in Britain and beyond, Leo Varadkar has insisted. The Taoiseach was commenting after issues related to housing were discussed at a ...

16 Jun 2023 at 15:29

Home

Restaurants and businesses may be forced to accept cash under proposed law

Shops and cafes could be forced by law to accept cash payments with banks also expected to have to allow customers access to cash, under new Government proposals. It is understood that banks will have to offer customers ...

30 Nov 2022 at 17:00

Local News

Coill Dubh Credit Union merger opposed in Co Kildare

A public representative with strong family connections to his local Kildare credit union is to oppose the merger of his local credit union. Fianna Fail Cllr Darragh Fitzpatrick, told the Leinster Leader he will oppose ...

09 Dec 2016 at 17:38

National News

Irish workers set to enjoy wages boost in coming years, Central Bank forecasts

Irish workers are in line for their biggest pay hike in a decade with real incomes when adjusted for inflation expected to rise by almost 9 per cent over the next three years, according to the latest information from ...

13 Mar 2024 at 20:00

National News

Homeowner with 6,000 euro on mortgage given repossession order, committee told

Repossession orders have been granted for an investment fund in cases where less than 6,000 euro was owed on a mortgage, and where the mortgage was still being paid with 11,000 owed, an Oireachtas committee has been ...

08 Mar 2023 at 17:48

Home

Lifting restrictions on banking ‘bonanza pay and bonuses’ slammed as ‘galling’

The decision to lift restrictions on “bonanza pay and bonuses” for staff at three banks bailed out by the Irish State is “galling” given the tracker mortgage scandal and the cost-of-living crisis, the Dail has been ...

01 Dec 2022 at 17:11

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