The Central Bank also said the number of accounts in long-term arrears - at least one year - stood at 20,258 - a fall of 1,757 accounts compared to the same time last year and a decrease of 10 accounts from the fourth quarter of 2023.
Today's figures show that 40% of home mortgage accounts in arrears were held by banks, while 60% were held by non-banks entities, unchanged from the last quarter. Today's figures show a total stock of 55,533 home mortgage accounts were categorised as restructured at the end of the first quarter, representing 8% of total private dwelling house mortgage accounts outstanding.
Of the total stock of restructured accounts recorded at the end of March, 80% were not in arrears, while 84% were meeting the terms of their current restructure arrangement.
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