All the updated news related to Central Bank

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National News

Ireland has second highest mortgage interest rate in Europe

Ireland has the second highest mortgage interest rates in Europe, second only to Greece. New figures from the Central Bank show that rates here were double those in the rest of the currency zone in August. In August the average interest rate was 2....

13 Oct 2021 at 17:51

Local News

Retail sales in Waterford fell by 3.1% in September

The volume of retail sales fell by 3.1% in September and decreased by 7% overall compared with the same period last year. Figures from the Central Statistic Office (CSO) show two sectors – bars and pharmaceuticals – were the only ones to show an ...

30 Oct 2022 at 17:53

National News

Car insurance claims drop as company profits soar

Insurance companies saw profits soar on their motor business last year, according to a report from the Central Bank. The report on the private motor insurance sector found that the price of the average motor premium also fell. The Central Bank ...

16 Nov 2021 at 12:46

REVEALED: Ireland has 2nd highest mortgage interest rate in Europe

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Ireland has second highest mortgage interest rate in Europe

15 Oct 2021 at 17:41

Local News

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

Hundreds of thousands of mortgage holders in Waterford and across Ireland 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 ...

21 Jul 2022 at 15:57

National News

Exactly how much Irish households will save per month with mortgage rates to be cut

The European Central Bank (ECB) is expected to cut rates this week in good news for Irish and European mortgage holders. The cut may result in marginal savings for some while other households will miss out. Martina Hennessy, CEO of doddl....

04 Jun 2024 at 19:02

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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 volumes grew by almost 12% to ...

03 Sept 2022 at 11:53

National News

Housing crisis not just confined to Ireland, Varadkar insists

A crisis in housing supply is not unique to Ireland and similar problems are being experienced in Britain and beyond, Leo Varadkar has insisted. The Taoiseach was commenting after issues related to housing were discussed at a meeting ...

16 Jun 2023 at 15:29

National News

Homeowner with 6,000 euro on mortgage given repossession order, committee told

Repossession orders have been granted for an investment fund in cases where less than 6,000 euro was owed on a mortgage, and where the mortgage was still being paid with 11,000 owed, an Oireachtas committee has been told. The Money ...

08 Mar 2023 at 17:48

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Lifting restrictions on banking ‘bonanza pay and bonuses’ slammed as ‘galling’

The decision to lift restrictions on “bonanza pay and bonuses” for staff at three banks bailed out by the Irish State is “galling” given the tracker mortgage scandal and the cost-of-living crisis, the Dail has been told. Roisin ...

01 Dec 2022 at 17:11

National News

Looming tariff dispute between US and EU ‘extremely concerning’ – bank governor

A looming trade dispute between the US and the EU is “extremely concerning”, the governor of the Central Bank of Ireland said, as he warned that the country is in a period of “significant change and volatility”. Gabriel ...

24 Mar 2025 at 14:21

National News

Central Bank warns risks to financial system have increased

The risks facing the Irish financial system have increased as inflation is weighing heavily on the global economy, the Central Bank has warned. Persistent inflation and higher interest rates continue to pose challenges ...

07 Jun 2023 at 12:49

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