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Long-term finance for IBRC may ease Irish return to markets, says Honohan

LONG-TERM, low-cost financing for Irish Bank Resolution Corporation (IBRC) may now be on the cards following Thursday night’s…

Sat Jun 30 2012 - 01:00

Chairman's flat cost AIB €4,500 a month

STATE-OWNED bank AIB yesterday disclosed that it paid €4,500 a month for a Dublin apartment used by David Hodgkinson during his…

Fri Jun 29 2012 - 01:00

Contagion fears grow for Canada

Canadian minister for finance Jim Flaherty says the longer the euro financial crisis goes on, the greater the chances it will…

Fri Jun 29 2012 - 01:00

Shareholders vent their frustrations and question direction bank taking

Shareholders took to the floor in their numbers to bemoan collapse of investments

Fri Jun 29 2012 - 01:00

Mortgage arrears at AIB still on the rise

MORTGAGE ARREARS at AIB continue to rise, the bank has disclosed

Fri Jun 29 2012 - 01:00

B of I says loan book reduction of €10bn on target

BANK OF Ireland says it has met its deleveraging target for international loans 18 months ahead of schedule

Fri Jun 29 2012 - 01:00

New mortgage-to-rent scheme

A new scheme that will turn holders of hopelessly distressed mortgages into renters has been unveiled by Minister of State for…

Thu Jun 28 2012 - 01:00

Dicey times for investors

IT’S A troubling time for Irish investors in the wake of the collapse of another Irish financial institution, Bloxham Stockbrokers…

Tue Jun 26 2012 - 01:00

Corrupted software may dent bank image

ANALYSIS: It would appear a small software patch was applied without an adequate disaster plan. A huge backlog results

Tue Jun 26 2012 - 01:00

38,000 leave occupational pension schemes

SOME 38,000 people left occupational pension schemes over the past year as the recession continued to bite, the Pensions Board…

Sat Jun 23 2012 - 01:00

Downgrading of banks hits markets

EUROPEAN MARKETS extended their losses yesterday on the back of poor macroeconomic data and a Moody’s downgrade of 15 of the …

Sat Jun 23 2012 - 01:00

Nearly 40,000 quit pension schemes

Some 40,000 people left occupational pension schemes over the past year, as the recession continued to bite, the Pensions Board…

Fri Jun 22 2012 - 01:00

Foreign loans drop 7.3% in first quarter

IRISH DOMESTIC banks continue to pull back on foreign lending, with Central Bank statistics showing that levels fell by 7

Fri Jun 22 2012 - 01:00

Losses at ACCBank narrow as it gains from position in Rabobank Group

LOSSES AT ACCBank narrowed significantly last year as the bank benefited from its position in the Rabobank Group to reduce its…

Tue Jun 19 2012 - 01:00

Fund invests in wind energy portfolio

THE IRISH Infrastructure Fund (IIF), which aims to invest up to €1 billion in Irish assets, has made its first investment through…

Tue Jun 19 2012 - 01:00

B of I approves Anglo deal

SHAREHOLDERS IN Bank of Ireland have approved overwhelmingly a transaction to allow the Government pay a €3

Tue Jun 19 2012 - 01:00

BoI shareholders back bond deal

Shareholders in Bank of Ireland this morning approved a transaction to facilitate the payment, by the Government, of a €3

Mon Jun 18 2012 - 01:00

Markets reassured by central banks

AHEAD OF tomorrow’s Greek elections, markets expelled a sigh of relief yesterday, advancing on the back of commitments from central…

Sat Jun 16 2012 - 01:00

Central banks braced for post-election Greek fallout

CENTRAL BANKS across the world are girding themselves for a co-ordinated response in the event of a credit shock following elections…

Sat Jun 16 2012 - 01:00

Lending to SMEs fell 6.3% in first quarter

ACCESS TO credit continued to tighten for Irish businesses in the first quarter of the year, with lending to small- and medium…

Fri Jun 15 2012 - 01:00

Mediation with Nama sought by Treasury

DEVELOPER TREASURY Holdings is seeking to engage in mediation with the National Asset Management Agency as an alternative to …

Fri Jun 15 2012 - 01:00

Stocks fall as borrowing costs increase

ACROSS EUROPE, trading volumes remained thin yesterday, as weak retail sales in the US and on-going uncertainty in the euro zone…

Thu Jun 14 2012 - 01:00

Valuable tips for the Big Day

Getting married can still be as expensive as ever – but for those prepared to put in the effort, there are myriad ways to get…

Tue Jun 12 2012 - 01:00

Hearing-aid specialist turns up the sales volume

FUTURE PROOFING - Bonavox: WHEN DANISH company Widex acquired Dublin hearing-aid specialist Bonavox in 2009, it decided against…

Tue May 22 2012 - 01:00

Facebook fails to inspire US markets

FACEBOOK’S FLOTATION on Nasdaq may have been the main story in the US yesterday, but in Europe markets continued to be held hostage…

Sat May 19 2012 - 01:00

IFG 'performing' despite downturn

FINANCIAL SERVICES group IFG has disclosed that it is “performing well” despite the difficult market environment.

Sat May 19 2012 - 01:00

Total Produce reaffirms its guidance

Fresh food company Total Produce this morning reaffirmed its guidance for 2012, indicating that its earnings per share (EPS) …

Fri May 18 2012 - 01:00

Kentz performs 'ahead of expectations'

Engineering and instrumentation group Kentz said today that it expects to perform “ahead of expectations” for 2012.

Fri May 18 2012 - 01:00

Stocks head for worst week in months

European stocks dropped this morning, on course for their biggest weekly sell-off since September, amid signs of slowing growth…

Fri May 18 2012 - 01:00

IFG says it is 'performing well'

Financial services group IFG today disclosed that it is “performing well” despite the difficult market environment.

Fri May 18 2012 - 01:00

Datalex on target for 2012

Datalex is performing in line with expectations, the Irish travel software firm said this morning in an update to the market.

Fri May 18 2012 - 01:00

Trade surplus falls for second month

IRELAND’S TRADE surplus declined for the second month in a row in March, but there was some good employment data yesterday in…

Thu May 17 2012 - 01:00

CRH transfers Secil shareholding

Construction group CRH has transferred its 49 per cent shareholding in Secil, the Portuguese cement producer, to Semapa (SGPS…

Wed May 16 2012 - 01:00

Irish trade surplus falls again

Ireland's trade surplus declined for the second month in a row in March, as imports jumped by 26 per cent but exports experienced…

Wed May 16 2012 - 01:00

Airtricity acquires Phoenix Supply

Airtricity is set to become Northern Ireland's second largest energy provider following the acquisition, by its parent company…

Wed May 16 2012 - 01:00

C&C Group reports 'robust' year

Drinks group C&C met market expectations with the publication of its full year financial results this morning, reporting …

Wed May 16 2012 - 01:00

Markets make modest recovery

Having sunk to new 2012 lows earlier this morning, European stocks pared earlier losses as banks recovered even as speculation…

Wed May 16 2012 - 01:00

Asian markets fall on growth fears

Hong Kong shares dived to a four-month low on Wednesday after official Chinese media reported flat loan growth in the first two…

Wed May 16 2012 - 01:00

'Excellent' first half for Tullow Oil

Exploration firm Tullow Oil this morning reported an “excellent” first half of the year, as it continues to deliver “outstanding…

Wed May 16 2012 - 01:00

There are still ways to give yourself a little tax relief

While the Government has been busy closing off and reducing the amount of tax you can claim back, significant savings can be …

Tue May 08 2012 - 01:00

Quinn becomes Laya as buyout rebrands

Quinn Healthcare, the country’s second largest private health insurer, with 450,000 members, has changed its name to Laya.

Wed May 02 2012 - 01:00

Markets respond to positive US data

WITH MOST European markets closed yesterday for the May Day holiday, activity was light on the exchanges that were open

Wed May 02 2012 - 01:00

Spanish concerns push stocks lower

AHEAD OF the May Day public holiday around Europe, markets were quiet yesterday, with volumes at just 74 per cent of the 90-day…

Tue May 01 2012 - 01:00

Far and away the best route back to profit

FUTURE PROOF: Looking to new markets abroad and staying lean at home has enabled Wexford company Kent Stainless to bounce back…

Tue May 01 2012 - 01:00

West looks to the East for growth as Islamic finance comes centre stage

As the Muslim population is expected to rise twice as fast as the non-Muslim population, financial products to service this market…

Tue May 01 2012 - 01:00

Global values finish week on a high

WEAKER THAN expected US gross domestic product figures and a downgrade for Spain failed to stop world markets finishing the week…

Sat Apr 28 2012 - 01:00

Providence investors back placing to fund Cork drilling

SHAREHOLDERS IN oil and gas explorer Providence Resources yesterday approved a share placing to fund ongoing drilling at the …

Sat Apr 28 2012 - 01:00

S&P warns No vote could hit rating

IRELAND COULD see its cost of borrowing soar once more if the referendum on the fiscal treaty is defeated, rating agency Standard…

Sat Apr 28 2012 - 01:00

Markets up as earnings provide cheer

BETTER THAN expected earnings across the US and Europe pushed markets up yesterday, with Apple leading the charge.

Thu Apr 26 2012 - 01:00

Credit tightening, says Central Bank

BUSINESSES ARE finding it harder to get loans from banks, while demand for credit is also continuing to decline, according to…

Thu Apr 26 2012 - 01:00
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