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Ireland

ECB to study lending policies with survey

The European Central Bank will begin conducting a quarterly survey next year of credit policies practised by banks operating in the 12-nation euro zone. The move comes just days after the Irish central bank warned lenders to stick within guidelines.

Greens win reprieve on Irish notes landfill site

The problem of what to do with the old legacy currencies replaced by the euro reared its head in Ireland as the central bank bowed to pressure and agreed to look again at what it was doing with the old Irish punts and not just dump them in landfill sites.

German coins make their mark in the eurozone

GERMANY - Though recent surveys suggest many Germans want their old marks back, it looks like German minted euro coins are poised to flood across borders. Because a third of all euro coins are produced with German national images on the reverse some…

O'Connell swaps central bank for sporting role

FEATURE - Central banks aren't the only ones to hold gold. The Brazilian World Cup football team will tell you that, and they've got plenty in reserves over the years. But CentralBankNet learns that the, oh so, unlucky Irish team are set to receive help,…

Central Bank of Ireland, Summer 2002 Bulletin

REPORT - The Central Bank of Ireland published on Friday its Quarterly Bulletin for Summer 2002. The report highlights that economic activity in Ireland seems to have picked up modestly from its nadir in the third quarter of last year.

AIB signs new risk-control agreement

US - The Federal Reserve Bank of Richmond, the Maryland Commissioner of Financial Regulation and the Central Bank of Ireland have signed a written agreement with Allied Irish Banks, Allfirst Financial and Allfirst Bank setting out the steps to be taken…

Ireland asks - Please be gentle with your euros

IRELAND - The new euro notes are taking a battering in Ireland. Despite being in circulation only four months some of them have deteriorated to such an extent that they will have to be replaced.

Speech by J Hurley, Ireland's central bank, 9 Apr

SPEECH - In his first public speech since assuming the governor's role, Mr Hurley signalled the need for some refinement of existing regulation following the fraud at AIB's US subsidiary, Allfirst. The Bank has serious concerns about controls that failed…

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