Advertisement
Dublin: 9 °C Monday 2 August, 2021

#Central Bank

The cost of buying a home in Ireland has flatlined - the average price for a house is now €267,000
# House Prices
From TheJournal.ie
# 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 41,089 Views 37 Comments

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

FactCheck: Has car insurance really gotten cheaper since 2016?
# Factcheck
From TheJournal.ie
# Factcheck

FactCheck: Has car insurance really gotten cheaper since 2016?

Dec 23rd 2019, 8:00 AM 21,550 Views 40 Comments

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

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

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

Updated Dec 17th 2019, 7:49 PM 22,541 Views 64 Comments

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

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

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

Dec 16th 2019, 8:20 PM 25,275 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
From TheJournal.ie
# Premium Rates

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

Dec 16th 2019, 12:37 PM 35,482 Views 105 Comments

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

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

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

Dec 4th 2019, 2:39 PM 19,689 Views 56 Comments

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

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

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

Nov 26th 2019, 2:08 PM 35,267 Views 28 Comments

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

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

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

Nov 20th 2019, 1:42 PM 9,865 Views 32 Comments

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

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

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

Updated Nov 15th 2019, 11:14 AM 26,188 Views 88 Comments

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

Insurers must give customers information on previous year premiums, Central Bank rules
# Central Bank
From TheJournal.ie
# Central Bank

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

Nov 1st 2019, 6:00 AM 15,687 Views 31 Comments

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

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

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

Oct 11th 2019, 8:02 AM 17,027 Views 28 Comments

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

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

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

Sep 27th 2019, 11:44 AM 10,792 Views 15 Comments

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

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

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

Sep 23rd 2019, 12:15 PM 12,803 Views 50 Comments

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

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

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

Sep 7th 2019, 10:00 AM 19,858 Views 85 Comments

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

Central Bank tells government to save rather than spend windfalls to help buffer Ireland against future downturns
# Watch The Pennies
From TheJournal.ie
# 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 11,716 Views 38 Comments

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

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

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

Aug 10th 2019, 8:30 PM 15,961 Views 11 Comments

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

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

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

Aug 7th 2019, 9:48 PM 13,448 Views 20 Comments

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

Central Bank's dire no-deal Brexit warning: 34,000 fewer jobs by the end of 2020
# No Deal
From TheJournal.ie
# 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 13,504 Views 19 Comments

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

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

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

Jul 22nd 2019, 9:10 PM 11,805 Views 60 Comments

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

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

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

Jul 16th 2019, 11:00 AM 66,856 Views 83 Comments

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

Hard Brexit could cause house prices to fall, Central Bank warns
# Financial Stability
From TheJournal.ie
# Financial Stability

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

Jul 12th 2019, 7:29 AM 28,047 Views 92 Comments

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

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

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

Jul 5th 2019, 2:36 PM 9,780 Views 13 Comments

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

JP Morgan has been fined €1.6 million by the Central Bank for 'unacceptable' regulatory failings
# Big Fine
From TheJournal.ie
# Big Fine

JP Morgan has been fined €1.6 million by the Central Bank for 'unacceptable' regulatory failings

Jun 26th 2019, 11:00 AM 11,656 Views 11 Comments

An Irish subsidiary of the US investment bank had breached outsourcing rules.

Bank bosses may face fines and sanctions in the future, but won't get jail time under new law
# Central Bank
From TheJournal.ie
# Central Bank

Bank bosses may face fines and sanctions in the future, but won't get jail time under new law

Jun 18th 2019, 9:00 PM 11,959 Views 34 Comments

The new laws were drawn up in the wake of the tracker-mortgage scandal.

Mortgage rates in Ireland are still one of the highest in Europe
# Central Bank
From TheJournal.ie
# Central Bank

Mortgage rates in Ireland are still one of the highest in Europe

Jun 15th 2019, 1:13 PM 22,234 Views 87 Comments

The volume of new mortgage agreements amounted to €598 million in April 2019.

The Central Bank hopes a new outdoor artwork will make its HQ 'more social and transparent'
# Financial Services
From TheJournal.ie
# Financial Services

The Central Bank hopes a new outdoor artwork will make its HQ 'more social and transparent'

Jun 6th 2019, 1:22 PM 679 Views 1 Comment

Acclaimed artist Eva Rothschild was commissioned to create a sculpture for the office.

New Zealand launches investigation into incoming Irish Central Bank governor
# Gabriel Makhlouf
From TheJournal.ie
# Gabriel Makhlouf

New Zealand launches investigation into incoming Irish Central Bank governor

Jun 5th 2019, 8:15 AM 33,898 Views 45 Comments

Questions have been raised about whether he misled authorities following a high profile budget leak.

Central Bank urged to ensure banks don't pass on tracker scandal fines to customers
# Regulation
From TheJournal.ie
# Regulation

Central Bank urged to ensure banks don't pass on tracker scandal fines to customers

Jun 1st 2019, 9:30 AM 16,827 Views 99 Comments

This week Permanent TSB was fined €21 million for regulatory breaches.

'Unacceptable harm': The scandal that led to a record fine for one of Ireland's pillar banks
# Tracker Scandal
From TheJournal.ie
# Tracker Scandal

'Unacceptable harm': The scandal that led to a record fine for one of Ireland's pillar banks

May 30th 2019, 8:57 PM 15,136 Views 55 Comments

Permanent TSB has been fined €21 million for regulatory breaches affecting tracker mortgage customers.

The new €100 and €200 banknotes will be in circulation from today
# Gis A Lend
From TheJournal.ie
# Gis A Lend

The new €100 and €200 banknotes will be in circulation from today

May 28th 2019, 10:20 AM 33,492 Views 62 Comments

The new notes feature “new and innovative security features”.

Ulster Bank says it's 'unacceptable' a data breach resulted in its former customers' details being compromised
# Cabot Financial
From TheJournal.ie
# Cabot Financial

Ulster Bank says it's 'unacceptable' a data breach resulted in its former customers' details being compromised

May 10th 2019, 12:05 AM 22,479 Views 29 Comments

The breach resulted in names, contact information, and financial details being compromised.

New Zealand's chief treasurer appointed as governor of Irish Central Bank
# Central Bank
From TheJournal.ie
# Central Bank

New Zealand's chief treasurer appointed as governor of Irish Central Bank

May 1st 2019, 2:09 PM 13,442 Views 21 Comments

Gabriel Makhlouf was chosen to succeed the outgoing governor Philip Lane.

'It won't happen overnight': Launch of new body to improve culture in Irish banks
# Irish Banking Culture Board
From TheJournal.ie
# Irish Banking Culture Board

'It won't happen overnight': Launch of new body to improve culture in Irish banks

Apr 15th 2019, 10:06 AM 17,570 Views 47 Comments

The board is funded by the five pillar banks and chaired by a retired Court of Appeal judge.

Concerns over letters sent to mortgage-holders demanding full payment of arrears within 30 days
# Vulture Funds
From TheJournal.ie
# Vulture Funds

Concerns over letters sent to mortgage-holders demanding full payment of arrears within 30 days

Apr 13th 2019, 8:30 AM 116,083 Views 111 Comments

The Central Bank is aware that a regulated entity has written to a number of buy-to-let borrowers in arrears.

Debt collector data breach results in some mortgage-holders' details being compromised
# Cabot Financial
From TheJournal.ie
# Cabot Financial

Debt collector data breach results in some mortgage-holders' details being compromised

Apr 11th 2019, 9:00 PM 25,992 Views 9 Comments

The breach resulted in names, contact information, and financial details being compromised.

Central Bank tenders €4.5 million contract for 'business partner' to provide support if a bank goes bust
# Deposit Guarantee Scheme
From TheJournal.ie
# Deposit Guarantee Scheme

Central Bank tenders €4.5 million contract for 'business partner' to provide support if a bank goes bust

Apr 10th 2019, 6:10 AM 11,585 Views 15 Comments

The successful tenderer will help the Central Bank administer the provisions of the Deposit Guarantee Scheme of €100,000.

Central Bank writes to firms over concerns on 'fitness and probity' of some senior managers
# Financial Services
From TheJournal.ie
# Financial Services

Central Bank writes to firms over concerns on 'fitness and probity' of some senior managers

Apr 9th 2019, 6:30 AM 18,669 Views 7 Comments

The Central Bank has observed a number of cases where individuals didn’t provide “material information” on their applications.

'The banks are dictating what happens': TDs say government relying on 'constitution' card to block vulture funds Bill
# Sell Off
From TheJournal.ie
# Sell Off

'The banks are dictating what happens': TDs say government relying on 'constitution' card to block vulture funds Bill

Apr 3rd 2019, 6:15 AM 14,980 Views 35 Comments

Officials were quizzed about their assertions the Bill is unconstitutional and would result in higher mortgage interest rates.

Central Bank to scrap code of conduct for banks on the transfer of mortgages as it's 'not relevant'
# Homeowners' Rights
From TheJournal.ie
# Homeowners' Rights

Central Bank to scrap code of conduct for banks on the transfer of mortgages as it's 'not relevant'

Apr 2nd 2019, 12:05 AM 30,109 Views 35 Comments

Sinn Féin’s No Consent, No Sale Bill aims to puts the code on a statutory footing.

Fancy being the next governor of the Central Bank? New appointment rules have been approved
# Top Banker
From TheJournal.ie
# Top Banker

Fancy being the next governor of the Central Bank? New appointment rules have been approved

Mar 20th 2019, 8:10 PM 12,372 Views 18 Comments

New procedures were approved by Cabinet today.