Sunday February 16, 2020

Ian Kehoe on Business

The Central Bank is coming under fire for its tracker strategy – or lack of one

7th January, 2018
RTÉ’s Dancing With The Stars is produced by ShinAwil, which has just embarked on a joint venture with INM Pic: RTÉ

Oh, to have been a fly on the wall at the meeting of the Central Bank Commission in November. The commission, which essentially acts as the board of the Central Bank, certainly did not pull its punches when it came to dealing with the bank’s handling of the tracker mortgage debacle.

Management were slow to allocate resources to deal with the problem, with commission members noting that the level of resources devoted to...

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