BOI fined 100 million euro over tracker mortgage scandal

The Central Bank has fined Bank of Ireland 100.5 million euro for breaches affecting tracker mortgage customers.

The fine has been issued in respect of 15 thousand 900 tracker mortgage accounts, impacted between August 2004 and June 2022.

Bank of Ireland has admitted in full to 81 separate regulatory breaches.

It's the largest fine imposed to date by the Central Bank.