Central Bank wins international award for mortgage lending restriction

24th January, 2016
Philip Lane, governor of the Central Bank of Ireland

Last week, Central Banker Magazine announced the Central Bank of Ireland as the winner of its Central Bank of the Year Award, which will be presented in London on March 3.

The main reason cited for the win was the Irish bank’s introduction last year of mortgage lending restrictions to curb house price growth.

According to the organisers, it impressed the judges with the introduction of residential mortgage lending rules.

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