The Central Bank of Ireland has defended its handling of the country’s tracker mortgage scandal despite uncovering a near two-decade period of customer mistreatment by AIB which continued for years after it began investigating the lender.
The regulator last week hit the AIB Group with a record €96.7 million fine for its role in the industry-wide overcharging scandal through which almost 13,000 AIB and EBS customers were wrongly denied cheap tracker mortgages.
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