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National News

Central Bank governor casts doubt on easing lending rules to build more homes

Central Bank of Ireland governor Gabriel Makhlouf has cast doubt on Government proposals that would allow developers to invest less money and borrow more from banks to increase building supply. Mr Makhlouf said that banks are “well capitalised” and ...

24 Mar 2025 at 16:03

National News

Genocide Convention not considered by Central Bank when approving Israel Bonds

The Central Bank of Ireland does not consider the Genocide Convention when approving prospectuses for Israel bonds, the bank’s governor has said. However, Gabriel Makhlouf said the intensity of the conflict in Gaza does put “a question mark over ...

11 Jun 2025 at 21:52

National News

Central Bank calls on Government to widen its tax base

The Central Bank Governor has warned the Irish Government about the “vulnerability” of its narrow tax base. In a letter to the Minister for Finance, Gabriel Makhlouf said that Ireland should widen its tax base as the fiscal outlook is “clouded ...

30 Jun 2025 at 16:39

National News

Finance minister seeks assurances from Central Bank after data breach

The Minister for Finance has said it is important for him to receive an assurance from the Central Bank of Ireland that it will not repeat an error which potentially impacted the ability of thousands of borrowers to access credit. On Monday, ...

24 Aug 2023 at 16:26

National News

Central Bank could take action to delay withdrawal of Ulster Bank and KBC

Ireland’s Central Bank Governor has indicated that it could take measures to delay the withdrawal of two banks from the Irish market as customers face difficulties in making the switch to new providers. Gabriel Makhlouf also admitted that ...

02 Nov 2022 at 17:33

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 Makhlouf said ...

24 Mar 2025 at 14:21

National News

‘Far too early’ to discuss reducing rates, says Central Bank of Ireland governor

Central Bank of Ireland governor Gabriel Makhlouf has said it is “far, far too early” to discuss cutting rates but said he believed inflation would fall to 2%. Mr Makhlouf was speaking at a Central Bank of Ireland conference in ...

08 Nov 2023 at 12:42

National News

Governor of Irish Central Bank backs further interest rate hikes to tackle inflation

The European Central Bank needs to continue to increase interest rates when its Governing Council meets in Frankfurt next week, according to the Governor of the Irish Central Bank. Speaking during an appearance before the ...

25 Jan 2023 at 17:08

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