Central Bank may loosen lending rules

Irish bank lenders expect Central Bank regulators to decide in the next few months on whether to loosen lending rules that could allow the banks to channel even more money into mortgage loans.

31st December, 2005

Irish bank lenders expect Central Bank regulators to decide in the next few months on whether to loosen lending rules that could allow the banks to channel even more money into mortgage loans.

Discussions have taken place in recent months between lenders and the regulators about the appropriate amounts the banks here can dedicate to their mortgage books.

Bank lenders have in the past complained that the current rules penalise Irish lenders compared with their...

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