Tracker probe latest: almost 10,000 now affected

Central Bank says €78m has been paid out to compensate customers

23rd March, 2017
Central Bank's warning to banks on trackers. Pic: RollingNews.ie

The bank this morning published an update on its review of the issue, which is continuing. The regulator says the tracker probe is its priority. It warned that it would not rule out holding individuals in banks to account for their tracker failures.

The investigation hinges on a number of key issues, such as whether lenders breached the contractual rights of thousands of customers by failing to offer them a tracker mortgage at the end...

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