Card spending increases amid summer getaways
Central Bank data shows increased spending in airports and outside Ireland
The latest news, analysis, and comment concerning the Central Bank, Ireland’s financial services regulator
Central Bank data shows increased spending in airports and outside Ireland
Mortgage lending jumped 10% across the Irish League of Credit Unions’ membership base in the third quarter
Banks are getting 3.75% on your savings with the Central Bank and paying you an average of 0.13% in a demand deposit account
Seen and Heard: AIB and Bank of Ireland dividends; Cairn Homes deal in Bray; investment giants pushback against the Central Bank; Paddy Power racing remarks
Largest general insurer in the Republic acquired the second largest player in health cover market last year in €650m deal
Sector says overly aggressive action could prompt shift of financial assets into unregulated vehicles
Summer school told ‘very low or no tax rates on low income’ is a policy choice that would be very difficult to reverse
Car insurance premiums have increased by more than 8% in the past year, CSO figures show
Over more than a decade, the regulator has received 50,000 applications to approve individuals for key positions, approving 11,000 in the past four years alone
Central Bank’s latest retail interest rate figures show fixed-rate contracts constitued two thirds of mortgage contracts agreed in May
The study from Indeed and the Central Bank of Ireland shows wages remain higher than the pre-pandemic average of 2.5 per cent in 2019
A total of 29 private homes were taken into possession by lenders in the quarter, of which 15 were on foot of a court order
Central Bank governor said he is 'pleased' with latest data showing inflation in the 20 Eurozone countries slow to 2.5% in June
There is a long history of governments tightening spending even as an election looms
The models suggest no need for a giveaway budget. Will the new finance minister listen?
Central Bank-published study finds rate at which lower-risk borrowers are leaving non-lending service firms has been higher than the switching rate away from retail banks in recent months
Bernard Byrne, who took charge of the business in 2021 and oversaw its sale to Bank of Ireland, announced his intention to leave the firm last year
Central Bank data says average Irish occupational fund is now worth just over €80,000
Financial regulator warns Coalition it would not be appropriate to continue with an expansionary fiscal stance over the period 2024-2026
ESRI claims regulator’s move to relax rules has fuelled house price growth and lifted loan-to-income ratios back to Celtic Tiger levels
Think tank had called central bank’s move to ease mortgage limits ‘premature’
Interest rates attached to home loans are expected to fall over the coming months as ECB reduces headline rates
The former lawyer, banker and at one time the State’s most recognisable civil servant has been elected the country’s first directly-elected mayor in Limerick
Ireland’s politicians could not resist a bit of bank-bashing in an election week
Some regulatory bodies believe their underpinning legislation has fallen behind advances and developments in the sectors they oversee
Central Bank’s former Dame Street headquarter office gets new lease of life as flexible workspace giant finally takes over
Compliance professionals say toughening up of 12 year old consumer protection code is very timely and much needed
Regulator does not plan to offer firms any derogations or waivers from regulatory requirements
Former secretary general of the Department of Finance John Moran is standing as a candidate to be Limerick’s first directly-elected mayor
The State did not invest in AIB, it was forced to bail out the system with borrowed money. Any decision to sell its remaining shares must be informed by investment logic not just ideology
Simply by moving money to notice accounts or fixed term deposits, you can improve your return by up to a factor of 30
Central Bank figures show card spending on social activities such as entertainment, dining out and memberships is growing faster than overall average
Central Bank of Ireland governor speaking in Washington in advance of International Monetary Fund and World Bank meetings
Representative bodies have appealed to the Central Bank for a number of changes to credit union lending framework
Overall increase driven by rise in number of principal dwelling house mortgage accounts in arrears for less than one year
Garda National Economic Crime Bureau investigated shares in Open Orphan, an Irish pharmaceutical company listed on the London Stock Exchange
Lenders count on most customers keeping their money in on-demand accounts
Inside Business podcast with Ciarán Hancock
Regulator is forecasting that real wages for the average employee will rise by almost 9 per cent over the next three years
Central Bank publishes consultation paper on reformed consumer protection code for the digital age
The Central Bank’s deputy governor said policy should ensure reductions in cash infrastructure by the private sector ‘do not outpace society’s needs’
Central Bank found Goodbody had failed to put in place an effective framework to monitor suspicious trading activity
Interest likely to die down in near future
Pricewatch: ‘How on earth can a refund be achieved if there is no investigative fraud unit?’
Regulator will work with Financial Services Ombudsman to ‘close gap’, deputy governor Derville Rowland says
Despite its position, the company, which remains solvent, expects to be in a position to pay all of what it owes its creditors
Q&A: If priority is to facilitate son’s ability to buy a home, structure of family financing might need a second look
Total card spending in December rose by 5.4 per cent to €8.8 billion, boosted by Christmas retail and social spending
We have steadily been moving to online shopping and digital payments, but cash continues to circulate widely
Central Bank lacks power to petition High Court to have liquidators appointed to ailing e-money companies such as PFS Card Services Ireland Limited
Annual wage growth in the euro area, UK and US slows in final months of 2023 and is expected to continue to moderate in 2024
Ireland has thrived from its openness. If this changes it will be hugely costly
Central Bank review found customers are no longer paying a ‘penalty’ for sticking with their providers
Crosswords & puzzles to keep you challenged and entertained
Inquests into the nightclub fire that led to the deaths of 48 people
How does a post-Brexit world shape the identity and relationship of these islands
Weddings, Births, Deaths and other family notices