Central Bank of Ireland

Rate of home mortgages over 90 days in arrears falls to lowest in 15 years

Around one in 25 mortgages on a family home is at least three months behind in repayments, Central Bank says

Concerns raised about the risks to taxpayers from how housing bodies and the LDA fund construction deals

The best news, analysis and comment from The Irish Times business desk

Thousands of AIB customers to get refunds after stamp duty error

Some customers charged stamp duty on credit cards cancelled years previously

Up to €15bn of corporate tax could be temporary, Central Bank warns

Regulator also claims Government should be diverting more of these receipts into State’s two long-term savings funds

OECD urges Central Bank to add consumer representatives to advisory group

Organisation also suggests regulator assess how effective are ‘dear CEO’ letters to industry bosses

Central Bank governor favours gradual ECB rate cuts over ‘large moves’

Gabriel Makhlouf says disinflation process remains on track while warning economic outlook remains uncertain

Compensation scheme receives 1,600 claims from BlackBee investors

Separate Custom House Capital case ‘essentially completed’ with 97% of claims settled

ESRI again highlights regulator’s role in fanning house prices

Think-tank not backing off previous suggestion that loosening mortgage rules boosted the property market

Central Bank gender pay gap widens to 5.9%

Regulator also names Mary-Elizabeth McMunn as the next deputy governor overseeing financial regulation

State must pick up €2.8m tab into pension scheme of company that went bust in 2009

The best news, analysis and comment from The Irish Times business desk

Central Bank governor more cautious on large ECB rate cuts

Gabriel Makhlouf raises prospect of ‘sharp’ fall in stocks prices amid heightened technology sector valuations

Makhlouf ‘increasingly confident’ ECB will hit 2% inflation target next year

Central Bank governor, however, warns that high price growth in the services sector and strong wage growth posed risk to projection

General election 2024: What are the issues in housing?

Housing is a central issue in this election, from building targets and government supports for prospective house buyers to rising rents and building defects

Credit unions report 51% jump in mortgage lending in year to September

Community lenders hoping Central Bank will further ease mortgage lending rules in review due to conclude next month

‘Waning global appetite’ for new financial rules to be applied

Central Bank deputy governor said backing of ambitious overhaul of bank regulation, agreed in wake of 2008 financial crash, critical

Investment scams getting more convincing, says Central Bank

No legitimate firm will contact consumers ‘out of the blue’, says deputy governor

Gardaí arrest two as part of investigation into suspected insider trading

Investigation launched after Garda alerted to transactions by Central Bank

Moving your savings into the right bank account could earn you an extra €700 a year on a €30,000 lump sum

We can blame Irish banks for not passing on interest to savers, but we can’t blame them for our own bad planning or inertia when we don’t switch

Building small terraced homes could reduce construction costs, boost supply and lower prices for first-time buyers

Small terraced houses would be more affordable for one- and two-person households, but builders prefer to construct apartments or semi-detached homes because of higher profit margins

Central Bank fines Waystone unit after fund loss

Regulator finds series of breaches tied to fund investing in ‘illiquid, difficult to value, private assets’

Bank of Ireland investors fear UK car finance cost will dwarf tracker scandal

Landmark court of appeal ruling piles pressure on UK regulator to impose large compensation scheme on lenders

PTSB eyes cost cuts as interest rates fall faster than expected

PTSB’s share of new Irish mortgage lending rose to 16.3% in the third quarter from 13.5% for the first six months of the year

Motor insurers’ profitability falls to lowest level since 2017 as damage claims rise

Motor insurance sector would have made a loss in 2023 had reserves not been released

US investment giant AllianceBernstein opens Irish office to serve EU market

group, which has more than $800 billion (€740bn) of assets under management, has appointed Irish funds executive Phelim Keogan as country head of the office here

Former Irish Nationwide banker should face highest penalties, say lawyers for Central Bank

Finance director of building society that collapsed with €6bn debt faces sanction

Volume of new mortgage agreements fell in August

Brokers Ireland said many mortgage holders are biding their time in the hope of further interest rate cuts from ECB

Irish savers move more of their money into accounts with higher interest rates

Retail banks have been criticised for failing to increase their deposit rates in line with European Central Bank rate levels

Green energy is good for environment and can protect from economic shocks

Financial turmoil sparked by everything from war in Ukraine to the 1956 Suez crisis offers lessons in why we should decarbonise our economy

Higher earning first-time buyers gain most from Help To Buy scheme

Central Bank says scheme, which offers tax rebates of up to €30,000, cost Revenue €938m to the end of 2023

Central Bank’s Derville Rowland eyes top role in EU’s new anti-money laundering agency

Deputy governor would be the latest top official to leave the central bank if she is successful

Is the commercial property dip merely a blip?

Quite alarming statistics are emerging in relation to Dublin’s commercial property market. Is this a temporary blip, an indication of a long-term slump, or an opportunity for some lateral thinking?

Ireland’s top 1,000 companies: One hugely profitable firm out in front as Big Tech dominates

iPhone maker Apple recorded revenue of just under €200bn; while Google, Microsoft and Meta are all ranked in the top five

Bright outlook but with some turbulence ahead for Irish economy

The Irish economy continues to perform well but there are potential speed bumps ahead

Savers stuck with low interest rates for seventh consecutive month

Average interest rate offered on overnight deposit accounts a mere 0.13% in July, Central Bank figures show

Lobbying register expanded to include 60 more public bodies

HSE, Central Bank, Department of Defence and Road Safety Authority among organisations now covered

ECB and Central Bank officials to brief Irish finance firms on digital euro

ECB to decide next year on the potential issuing of a digital currency

Shuttle gets Central Bank authorisation to offer retail investors access to private market investments

Alternative investment platform aims to open up private assets

Madness for Central Bank to allow credit unions increase their exposure to housing market

It is hard to see the Garda credit union evicting a member of the force and selling their home.

Loans issued for home purchase fall 6% over past year as borrowers await ECB rate cuts

Average interest rate charged on new fixed-term mortgages falls after ECB cut in June

How to give yourself the best chance of buying a home amid Ireland’s housing crisis

Get your ducks in a row early to give yourself the best chance of buying a house you can afford

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