Advertisement
News

Bank of Ireland expected to be fined over 100 million euro today

Sep 29, 2022 08:55 By News Northern Sound
Bank of Ireland expected to be fined over 100 million euro today
Share this article

Bank of Ireland's expected to be fined over 100 million euro today, over the tracker mortgage scandal.

The fine is set to be imposed by the Central Bank.

The issue has so far cost Bank of Ireland almost 330 million euro since 2016 in refunds and compensation, legal fees and administrative expenses.

Advertisement

Kathryn Hannon from asset management company, Gresham House, says it's something that has impacted 40 thousand borrowers, across various Irish banks:

 

Share this article
Advertisement
Advertisement

NorthernSound Newsletter

Sign up now to keep up to date with the latest news.

Processing your request...

You are subscribed now! please check your email to confirm your subscription.

Copyright © 2024 Northern Sound FM. Developed by Square1 and Powered by PublisherPlus