AIB is the latest bank to raise its savings rates, with an increase to 3 per cent

There was no hope of Rachel Drumm being able to pay off the €2 million debt on her home in Skerries, Co Dublin, the court heard

There are no details yet as to how large the fine will be but Bank of Ireland has set aside €120 million in its accounts to settle the remaining tracker issues.

The Central Bank said the fines bring the total sanctions imposed on lenders for tracker mortgage failings to €174 million

The judge made the comment when he dismissed an appeal in which a couple sought to write down a €210,000 balance on their mortgage to €31,000 by giving their mortgage provider an 85 per cent stake in their family home.