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Central Bank does not want powers to stop vulture funds charging sky-high mortgage rates
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Central Bank does not want powers to stop vulture funds charging sky-high mortgage rates

Banking, Mortgages

Central Bank does not want powers to stop vulture funds charging sky-high mortgage rates

By Pat Matthews|2023-02-13T11:48:48+00:00February 10th, 2023|Banking, Mortgages|

THE Central Bank has told the Minister for Finance it does not want powers to cap the interest rates that vulture funds can charge mortgage holders. It comes as thousands of borrowers are at risk of going into arrears as they are being charged rates as high as 7pc by vulture funds that bought their

Banks to be told to maintain cash services under proposed law
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Banks to be told to maintain cash services under proposed law

Banking, News

Banks to be told to maintain cash services under proposed law

By Pat Matthews|2022-12-02T11:08:22+00:00December 2nd, 2022|Banking, News|

Banks will be required to keep access to cash services at 2022 levels under a new legislative framework recommended in the Retail Banking Review. It is understood finance minister Paschal Donohoe has accepted the recommendation and that work on the framework will begin next year, with heads of heads of a bill to be delivered

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Central Bank does not want powers to stop vulture funds charging sky-high mortgage rates

Central Bank does not want powers to stop vulture funds charging sky-high mortgage rates

Banks to be told to maintain cash services under proposed law

Banks to be told to maintain cash services under proposed law

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