Bank of Ireland to be hit with massive Central Bank fine over tracker mortgage scandal

Latest in a series of fines over the role of the banks in the industry-wide scandal

The Central Bank opened investigations six years ago into all lenders that sold the tracker home loans.

Bank of Ireland will be hit with a major fine by the Central Bank tomorrow for its role in the tracker mortgage scandal.

The Irish Examiner understands that Bank of Ireland will be sanctioned for denying thousands of its customers access to cheaper tracker mortgages.