Central Bank: Lenders 'have clear guidance' to protect distressed borrowers                    

Photo: Leah Farrell/Rollingnews.ie

The Central Bank has stepped up its warnings for lenders to behave as many households struggle to pay mortgages and bills amid the fallout from the Covid-19 pandemic.

Its director-general Derville Rowland said that lenders know that they must adhere to a body consumer protections, including codes for mortgage arrears and other debt.