The Central Bank’s governor will face questions at the banking inquiry today about the interview he gave in 2010 which was one of the first admissions that Ireland was about to be bailed out.

The Finance Minister said the Central Bank governor’s advice to burn junior Anglo bondholders will be taken "very seriously".

TDs have criticised Central Bank governor Patrick Honohan after they said he signalled that he wanted repossessions speeded-up.

Banks have been told they must cut variable mortgage interest rates or face government policy decision that may include a cap on rates.

Ray Kinsella says Central Bank governor Patrick Honohan has made a big contribution but political forces and other interests were too strong to reinstate the principle of public service.

The departure of Patrick Honohan from the Central Bank caps a week where the Irish public saw the true reality of central bank independence.

The Governor of the Central Bank Patrick Honohan has said he is leaving the job a year early, because it's the right time to go.

Central Bank governor Patrick Honohan will announce today that he intends to leave his position by November, nearly a year ahead of his term of office finishing.

Central Bank governor, Patrick Honohan has called for a strengthening of Irish law in order to better deal with reckless bankers and financial directors.

Finance Minister Michael Noonan will meet the Central Bank's Governor today to try to push banks to cut their variable mortgage interest rates.

The relationships between State authorities, political parties, banking institutions and the property sector will be discussed by the Banking Inquiry today.

The Governor of the Central Bank said today that the bank guarantee was not the main cause of austerity.

The Central Bank governor has chastised Michael Noonan over the finance minister’s failure to consult with him on controversial potential mortgage rule changes.

Common sense should be applied when using comments of the past to measure any bias of TDs and senators who will sit on the committee carrying out the banking inquiry, according to its chairman, Labour’s Ciarán Lynch.

The Oireachtas banking inquiry will "inevitably descend into a show trial", Shane Ross has warned.

THE long-awaited banking inquiry is at the centre of a political row before it even gets under way, with Fianna Fáil warning that the Government wants to keep its scope as narrow as possible for “political advantage”.

Banking probe chief Ciarán Lynch emerged victorious in a bitter Dáil turf war to run the high profile inquiry, but now faces a fresh fight to prove he is no Government stooge.

It was no accident that the banking inquiry — already well behind schedule and six years on from the banking collapse — was announced by Government yesterday with such haste.

A broad and effective banking inquiry will go a long way to restoring confidence in the financial regulatory system and in Irish public affairs in general, according to the governor of the Central Bank, Patrick Honohan.

Irish banks are still engaging in too many short-term solutions to mortgage debt and more should be done to offer long-term sustainable solutions, Central Bank governor Patrick Honohan declared yesterday.

Central Bank chiefs are to be urged by TDs to combat a “British invasion” of payday lending firms who “crucify” vulnerable borrowers with interest rates of up to 5,836% for short-term loans.