Central Bank of Ireland

‘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

Number of people receiving benefits drops in July, CSO data shows

Pace of employment growth has slowed and labour market conditions remain tight, according to Central Bank

Banks’ profit surge on higher rates may mask challenges, Central Bank warns

While the higher interest rate environment has led to improved profitability in recent years, it has not made bank business models any more sustainable, Sharon Donnery said

Irish inflation unchanged in July at 1.5% as food and energy prices remain stable

Transport prices, including air fares, jumped by 2% in July alone and by 5.9% over the past year

Car insurers should prove they are passing reduced claims costs on to motorists, says Sinn Féin’s Doherty

Car insurance premiums have increased by more than 8% in the past year, CSO figures show

How many times does Ireland have to be warned about shadow banking?

The tentacles of shadow banking extend into the Irish economy in many ways yet we remain complacent

Number of home buyers opting for fixed-rate mortgages drops

Central Bank’s latest retail interest rate figures show fixed-rate contracts constitued two thirds of mortgage contracts agreed in May

Irish wage growth hits 4.3% in June

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

Bumper €8.3bn tax and spending package earmarked for Budget 2025

Summer Economic Statement indicates tax measures amounting to €1.4 billion will be in October’s budget with additional spending of €6.9 billion

Central Bank governor urges Chambers to stick to budget spending rule Government has repeatedly broken

Gabriel Makhlouf urges Government against giveaway budget

Aer Lingus leases aircraft and crews to help counter work to rule by pilots

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

Who is buying a home in Ireland today? The changing profile of first-time buyers

First-time buyers are getting older, buying smaller homes and are not necessarily in a couple. Some urban areas other than Dublin are seeing relatively low activity

Motor insurance premiums unchanged in first half of 2023 even as damage costs soared

Central Bank report suggests cases are settled faster through Injuries Resolution Board than litigation route

Central banks a proven weapon in fight against rising prices

Monetary policy alone cannot deliver growth and prosperity. Any brighter economic future needs input from policymakers and governments

Chambers faces balancing act in first budget

The models suggest no need for a giveaway budget. Will the new finance minister listen?

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