Central Bank identifies another 3,400 tracker mortgage accounts hit by scandal

Central Bank identifies another 3,400 tracker mortgage accounts hit by scandal

A further 3,400 customers have been identified who had their tracker mortgages wrongly removed or were overcharged by their banks.

The Central Bank says that brings the total number affected to 37,100, almost 90% of whom have been offered compensation.

Around 450 people received redress and compensation of more than €100,000, including 11 customers who got compensation worth more than half a million euro for losing their properties.

The Central Bank's investigation is due to be completed by June with the final number expected to rise further.

- Digital Desk

More on this topic

KBC chief to apologise for comments on tracker mortgage scandalKBC chief to apologise for comments on tracker mortgage scandal

KBC will not challenge time limits on tracker mortgage complaintsKBC will not challenge time limits on tracker mortgage complaints

Tracker Mortgage Scandal: Hundreds may find their complaints judged out of date Tracker Mortgage Scandal: Hundreds may find their complaints judged out of date

Concerns raised about bank timelines for tracker mortgage scandal Concerns raised about bank timelines for tracker mortgage scandal


More in this Section

Protest against Co Leitrim asylum housing plans stood down with immediate effectProtest against Co Leitrim asylum housing plans stood down with immediate effect

Eoin Ó Broin: Housing is 'single biggest failure' of coalition GovernmentEoin Ó Broin: Housing is 'single biggest failure' of coalition Government

Gardaí release men arrested in connection with Lucan shootingGardaí release men arrested in connection with Lucan shooting

Gardaí investigating overnight attempted theft of ATM in LouthGardaí investigating overnight attempted theft of ATM in Louth


Lifestyle

Kate Tempest’s Vicar Street show began with the mother of all selfie moments. The 33 year-old poet and rapper disapproves of mid-concert photography and instructed the audience to get their snap-happy impulses out of the way at the outset. What was to follow would, she promised, be intense. We should give ourselves to the here and now and leave our phones in our pockets.Kate Tempest dives deep and dark in Dublin gig

Des O'Sullivan examines the lots up for auction in Bray.A Week in Antiques: Dirty tricks and past political campaigns

All your food news.The Menu: Food news with Joe McNamee

More From The Irish Examiner