Central Bank chief hails mortgage lending rules as regulator continues review

Rules had worked to protect banks and borrowers, regulator said
Central Bank chief hails mortgage lending rules as regulator continues review

Sharon Donnery, the Central Bank's deputy governor, said the mortgage rules, which restrict the amounts that home borrowers can borrow and the amounts mortgage banks can lend to customers, have worked well.

Sharon Donnery, the Central Bank's deputy governor, has hailed the success of the regulator's mortgage rules that will bolster expectations there will be little change in policy when a major review comes to an end this year.

In a speech to the regulator's own conference that features banking experts, Ms Donnery said the mortgage rules, which restrict the amounts that home borrowers can borrow and the amounts mortgage banks can lend to customers, have worked well. 

Already a subscriber? Sign in

You have reached your article limit.

Subscribe to access all of the Irish Examiner.

Annual €130 €80

Best value

Monthly €12€6 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited