Wednesday October 21, 2020

Almost 40,000 mortgage customers hit by tracker scandal

So far, banks have paid out €647 million to customers in redress and compensation, up €67 million since the end of August last year

Ian Guider

Markets Editor

@ianguider
4th February, 2019
Central Bank tracker probe identifies another 1,400 customers

The number of customers hit by the tracker mortgage scandal has reached almost 40,000, according to new Central Bank data.

At the end of December some 39,800 mortgage customers had been impacted, an increase of 1,400 since the Central Bank’s last report.

So far, banks have paid out €647 million to customers in redress and compensation, up €67 million since the end of August last year. About 97 per cent of customers affected have received compensation....

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