All the updated news related to Central Bank

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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 12:58

National News

Bank of Ireland fined more than 100m euro over tracker mortgage breaches

Bank of Ireland has been fined more than 100m euro by the Central Bank for regulatory breaches affecting tracker mortgage customers. The fine of 100,520,000 euro is the largest ever imposed by the Central Bank. It said the penalty was imposed ...

29 Sept 2022 at 11:24

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 11:55

National News

Public urged to beware of fake two-euro coins

The public has been warned to be aware of the possible circulation of fake two-euro coins after gardai seized a large amount of counterfeit currency. Officers from Raheny Garda District launched an investigation into the suspected ...

03 Aug 2022 at 18:02

National News

Shock for mortgage holders as ECB interest rates rise is double what was expected

Hundreds of thousands of mortgage holders will pay a higher monthly rate after the European Central Bank raised its key lending rate today by double what was expected. It had been anticipated that rates would increase by .25pc, ...

21 Jul 2022 at 15:39

National News

Crypto currency warning from Central Bank over misleading advertising

The Central Bank has issued a fresh warning on the risks of investing in crypto assets, in the face of "aggressive promotion" of such currencies. The Central Bank again emphasised that crypto assets are highly risky and ...

23 Mar 2022 at 14:08

National News

Western tensions rise as Putin puts nuclear deterrent forces on alert

Vladimir Putin has put Russia’s strategic nuclear deterrent forces on alert, dramatically ratcheting up the tensions in his stand-off with the West over his invasion of Ukraine. The United States immediately denounced ...

27 Feb 2022 at 16:56

National News

Tax revenue soars to €17.2bn so far this year

Public finances recorded a surplus at the end of March of €200m, latest Exchequer figures published by the Department of Finance show. This compares to a deficit of €4.2 billion recorded at the end of March 2021, ...

06 Apr 2022 at 15:12

Business

Central Bank Governor discusses local business, inflation and housing on Kilkenny visit

Governor of the Central Bank of Ireland, Gabriel Makhlouf, visited Kilkenny last week in a virtual capacity to speak with local business networks and students. The trip forms part of a larger plan by the Central ...

24 Jan 2022 at 17:44

National News

Online and mobile banking payments hit record high, figures show

Consumers’ use of digital banking has hit a record high as contactless payments continue to surge, new figures show. According to the Banking & Payments Federation Ireland (BPFI), online and mobile banking ...

02 Sept 2022 at 01:01

National News

Restaurants and business 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 ...

30 Nov 2022 at 10:52

National News

Over 100% increase in people applying to switch mortgage providers

The amount of people looking to change mortgage provider to secure a lower interest rate has increased by over 100 per cent. The surge in people switching mortgage providers has come after the the ...

24 Nov 2022 at 14:54

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