Bank of Ireland fined €100m over tracker mortgages

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Bank of Ireland fined €100m over tracker mortgages

It relates to its handling of tracker mortgage customersBank of Ireland has been fined €100.5m over its handling of tracker mortgages in the Republic of Ireland.

Many homeowners gambled that the ECB would keep rates low, but it resulted in many banks losing money as the interest charged was lower than their cost of funding.

 

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Who made the decision to to this But no accountability for one single person..f**king disgraceful

That’ll learn em. Or will it?

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