Central Bank
# central-bank - Saturday 11 May, 2013
Why you can’t see the ‘black book’ that was never used for the banking crisis
The manual is intended for us during financial crises but was not used during Ireland’s banking crisis and neither the Central Bank nor the Minister for Finance will release it, it was revealed this week.
# central-bank - Tuesday 30 April, 2013
After two months, Italy’s finally getting a new government
The Chamber of Deputies has passed a motion of confidence in the broad coalition led by new premier Enrico Letta.
€100m boost as Central Bank announces bigger profit than expected
The Central Bank’s profits for 2012 were higher than forecast in Budget 2013 – offering some relief for the State coffers.
# central-bank - Saturday 27 April, 2013
It’s taken two months, but Italy has (finally) unveiled its new government
These things take time.
# central-bank - Wednesday 24 April, 2013
One Irish town to experiment with scrapping 1c and 2c coins
The Central Bank’s new ‘National Payments Plan’ says Ireland could save €1bn by using more electronic payments.
# central-bank - Monday 22 April, 2013
Decision to stock ATMs with €10 notes welcomed
A spokesperson for the regulator said the change will come into effect later this year.
# central-bank - Friday 12 April, 2013
Central Bank regulator: Half of small business loans are impaired
Fiona Muldoon says many small businesses have properly-related loans – and are struggling to keep up with repayments.
# central-bank - Thursday 11 April, 2013
Central Bank’s €46 ‘Ulysses’ coin gets Joyce quote wrong
An extra word has been inserted into a line from the opening chapter of Ulysses, which appears on a commemorative coin.
# central-bank - Tuesday 9 April, 2013
Matthew Elderfield steps down as Financial Regulator (and waives €100k bonus)
Elderfield, who has been the financial regulator for three years, is returning to London to pursue other interests.
EU finance chiefs to get tablet PCs for ‘paperless’ Dublin summit
EU finance ministers will hand back the tablets after the two-day summit concludes at Dublin Castle this weekend.
# central-bank - Friday 29 March, 2013
Cyprus Central Bank eases domestic restrictions
The regulator made the announcement to clarify the capital control rules it introduced this week to prevent a run on the country’s banks.
# central-bank - Thursday 14 March, 2013
Leaders’ Questions: Concerns over banks’ role in mortgage arrears plan
Micheál Martin also questioned the Government about home repossessions following comments by Matthew Elderfield.
Column: New restructuring targets for banks don’t go far enough to help distressed borrowers
Banks need strict supervision – they have crippled us and can’t be allowed run free, writes David Hall.
# central-bank - Friday 8 March, 2013
Finance Minister ‘disappointed’ banks haven’t dealt with personal debt
New mortgage figures show that 94,488 mortgage accounts are in arrears of more than three months.
# central-bank - Sunday 3 March, 2013
Extract: ‘The Financial Regulator investigating what went wrong at Irish Nationwide is a unique piece of Irish irony’
Michael Fingleton’s autonomous powers in Irish Nationwide should have been picked up on by the Financial Regulator – why weren’t they? asks Tom Lyons and Richard Curran.
# central-bank - Thursday 28 February, 2013
Irish households borrowed nearly €1bn less in January
Central Bank figures have also revealed that household lodgements increased by 1.2 per cent over the same period.
Poll: Do property repossessions need to happen for recovery to continue?
As painful and as stressful as it will be for those involved, do large scale property repossessions need to take place for Ireland to recover?
# central-bank - Wednesday 27 February, 2013
‘Under-collection error’ means 1,300 Ulster Bank customers face €41m bill
Mortgage customers at the bank were under-charged in recent years resulting in the shortfall that will now need to be repaid by these customers. The bank has apologised.
# central-bank - Thursday 14 February, 2013
# central-bank - Wednesday 13 February, 2013
Patrick Honohan: ‘Household financial distress is at unprecedented levels’
The Governor of the Central Bank said that banks will have to act more “ pro-actively” and “liberally” in respect of those who cannot realistically pay their mortgages.
# central-bank - Sunday 10 February, 2013
Central Bank Governor says ‘deal’ will not unravel
Patrick Honohan said Ireland’s debt is now more sustainable than it was.
# central-bank - Thursday 7 February, 2013
Here’s how the IBRC deal takes €1bn off next year’s Budget
The Department of Finance has put together these figures to illustrate the benefit to Budgets 2014 and 2015.
Central Bank says ECB deal will ‘contribute to financial stability’
The independent body, which takes over ownership of the promissory notes in the deal, welcomes the moves.
Central Bank reassures IBRC customers they will be repaid
The banks said all eligible deposits under its guarantee scheme will be covered up to a limit of €100,000 per person.
TDs vote to liquidate IBRC in dramatic late-night Dáil sitting
TDs voted by 113 votes to 35 to wind down the former Anglo, laying off its employees with immediate effect.
LIVE: Seanad debates legislation to liquidate IBRC
Watch live from the Seanad Chamber as members deliberate on whether to immediately wind down the former Anglo.
Here’s how every TD voted on the Bill to liquidate IBRC
Here’s the total voting chart for how the Dáil divided on its final decision to liquidate the former Anglo Irish Bank.
As it happened: Dáil approves Bill to liquidate IBRC
Catch up with text commentary from the Dáil as TDs voted to wind up the former Anglo.
# central-bank - Wednesday 6 February, 2013
Poll: Do you support swapping the promissory note for long-term bonds?
The government wants to issue long-term bonds to get rid of the IBRC promissory notes. What do you think?
President Higgins returning to Ireland to consider IBRC legislation
Michael D Higgins has interrupted a trip to Italy to make himself available if the Oireachtas passes an IBRC bill tonight.
Here’s the schedule for the Dáil’s late-night IBRC sitting
It’ll be a late one in the Dail.
Chief Whip says leaking of elements of IBRC plan is ‘unfortunate’
Paul Kehoe: “The Minister for Finance has taken action to secure the stability of IBRC in the face of these leaks.”
Dáil to sit at 10:30pm to debate emergency legislation on liquidating IBRC
TDs will reconvene after 10pm tonight to discuss plans to transfer IBRC’s assets to NAMA – as part of a deal to replace the promissory notes with long-term Government bonds.
# central-bank - Tuesday 5 February, 2013
Irish people still love using cheques, says Central Bank
More than 84 million cheques were used in Ireland in one year, despite the shift away from cheque books.
# central-bank - Sunday 3 February, 2013
Everything you need to know about the promissory notes, but were afraid to ask
You have been and will be hearing a lot about promissory notes in the coming weeks but what’s it all about? We’ve taken your questions, come up with some of our own and asked the experts…
# central-bank - Saturday 2 February, 2013
Ireland still has 39% chance of defaulting, says Government’s budget adviser
Professor John McHale, the chairman of the Irish Fiscal Advisory Council, said Ireland has made huge progress – but is not out of the woods yet.
# central-bank - Friday 1 February, 2013
Technical Group to force Dáil vote on promissory note repayment
15 TDs, led by Shane Ross, have tabled a motion calling for a public assertion that Ireland won’t make the next repayment.
Central Bank issues warning on unauthorised investment company
The Central Bank said consumers dealing with the firm are not eligible for compensation from the Investor Compenstation Scheme.
# central-bank - Tuesday 29 January, 2013
Central Bank revises downward forecast for economic recovery
Public sector employment is expected to fall this year but should be slightly outweighed by renewed expansion in private sector hiring.
# central-bank - Sunday 20 January, 2013
Gilmore expects promissory note deal before next payment is due
The Tánaiste believes negotiations with the ECB to avert the next €3.06 billion repayment will be finished in time.



























































