News

Sep 14
Central Bank confirms that currency exchange services remain in place

The Central Bank of Ireland has today (13 September 2022) confirmed that it continues to exchange old Irish pound notes or coins for euro and has no plans to withdraw this service. Director of Currency at the Central Bank Bernard Sheridan said: “The Central Bank of Ireland offers an exchange service for old Irish pound […]

Sep 14
Central Bank publishes pre-Budget letter to Minister for Finance

The Central Bank of Ireland has today (12 September 2022) published the pre-Budget letter sent to the Minister for Finance by Governor Gabriel Makhlouf on 22 July 2022. The letter sets out the challenging and uncertain economic backdrop to Budget 2023.  The economy began 2022 with strong momentum as the impact of the pandemic subsided, […]

Sep 14
Central Bank appoints chairperson of Takeover Panel

The Governor of the Central Bank of Ireland, Gabriel Makhlouf, has announced the appointment of James Doherty SC as Chairperson of the Irish Takeover Panel. Mr Doherty’s appointment is effective from today, 12 September, and is for a three-year period in accordance with the provision of the Articles of Association of the Panel. The Irish […]

Sep 14
Central Bank publishes new data on bank account openings and closures

24% of KBC Bank and Ulster Bank accounts closed since the start of 2022 600,311 accounts were opened in the three main remaining banks in the first eight months of the year Updated figures will be published monthly As part of its ongoing work to supervise the withdrawal of Ulster Bank and KBC Bank from […]

Sep 14
Central Bank of Ireland Issues Warning on Unauthorised Firm – Beagle Car Insurance

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a fraudulent entity, Beagle Car Insurance, has been operating as an insurance / reinsurance intermediary in the State in the absence of appropriate authorisations.  The unauthorised entity, operating the website www.beaglecarinsurance.com (website no longer available), deceived customers by acting as […]

Sep 14
AMTD Digital stock more than triples on no news, and has been halted 11 times for volatility

Shares of AMTD Digital Inc. HKD, +325.96% blasted 241.4% higher in very volatile afternoon trading Wednesday, putting them on track to snap an eight-day losing streak, even as the Hong Kong-based didn’t release any news. The stock has been halted 11 times for volatility since Wednesday’s open, as trading volume swelled to about 892,800 shares, […]