Central Bank tells bank boards to speed up action on mortgages
The Central Bank is set to order the boards of the three main domestic lenders to take direct responsibility for the implementation of policies to deal with the mortgage crisis.
The Central Bank is set to order the boards of the three main domestic lenders to take direct responsibility for the implementation of policies to deal with the mortgage arrears crisis, *The Sunday Business Post* has learned.
Senior officials from the Central Bank are to attend upcoming board meetings at AIB, Bank of Ireland and Permanent TSB to emphasise to the boards that the Central Bank is unhappy with the progress made on the issue.
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