Central bank says more ‘joined-up planning’ needed on bank exits
BPFI has hosted three virtual meetings with direct debit originators in recent months
Personal loans surge as life returns to normal for consumers
New data indicates increased spending on home improvements, education and cars
Hospitality sector faces ‘rocky road to recovery’, SME report finds
End of State pandemic supports this month coincides with inflationary pressures
Higher number of housing builds threatened by labour shortages
Most commencements since 2007 last year, but prices and rents continued to rise
Busy January for first-time buyer lending and mortgage switching, says BPFI
Industry body also reports year-on-year growth in buy-to-let lending
Central Bank deputy governor Ed Sibley poised to join EY
Sibley will leave at end of August to take up role with EY Ireland’s financial services unit
Credit and debit card spending fell by 5% last week
Groceries, accommodation and restaurant sectors all recorded modest increases
Contactless payments surge as use of cheques hits new low
Figures show more than half of all card payments were contactless last year
Irish banks among winners from ‘expected 1.5%’ ECB rate hikes, Deutsche Bank says
Institutions’ earnings are more dependent on interest from loans than most of their European counterparts
Rent inflation, resurgent consumer spending and cryptocurrencies
Business Today: the best news, analysis and comment from The Irish Times business desk
Big ticket items back on agenda as personal loans soar
Report from banking group shows volume and value of borrowings in the last quarter
Brexit boosts Ireland’s international banking sector
Ireland moves up global, EU rankings as banks relocate post Brexit
Irish mortgage approvals drop almost 5% in November
Value of loans rises marginally despite drop in number of approvals
First-time buyers 30 and under draw down less than 25% of new mortgages
Borrowers aged 35 and over account for greatest share of drawdowns, BPFI report shows
‘Opportunistic’ cybercriminals cost Irish economy €9.6bn in 2020
Vigilance urged as pandemic prompts rise in ransomware attacks and card fraud
Banks lobby to link accountability laws to lifting of bonus ban
Oireachtas finance committee hears advantages of ‘variable remuneration’
Victims conned out of €15.6m in scams in 2020 - FraudSmart
Two-thirds of consumers report being targeted by impersonation scams during Covid pandemic
Banks braced for ‘broad-ranging review’
Cantillon: Sector mired in liquid ratios, low profits, and bonus and salary caps
Bonus bans and repossession regime leave Irish banks at disadvantage – BPFI
Lobby group report says Irish banking sector is at an ‘inflection point’
House asking prices jump 9% in ‘aggressive’ market
House prices outside Dublin climbing faster than in the capital
Are Central Bank mortgage rules containing home prices or fuelling crisis?
Lack of supply and undeveloped rental market key factors in house price growth
Mortgage approvals down 9% in August but growing year on year
First-time buyer segment shows strong growth as pandemic factors drive activity
More than 700 ‘money mule’ transactions in first half of year, says FraudSmart
Criminals ‘seeking to capitalise’ on difficult times for 18- to 24-year-old victims – BPFI
Stop kicking mortgage debt solutions down the road
Long-term interest-only options or warehousing debt not realistic long-term solutions
Online property platform Lintil offers one-stop shop for homebuying
Emmet Creighton aims to make purchase easier and secure cheaper professional fees
Number of contactless payments soars in May to 67.2 million
Over €1bn worth of such payments recorded during the month
Aylien takes top prize at financial services innovation awards
Other winners include Revolut, Hanover Re Ireland, Fund Recs and Mail Metrics
Mortgage approvals strong in April as first-time buyers drive market
Approvals reach record despite ongoing pandemic
State-backed domestic tourism incentives could unlock €6bn for economy – BPFI
Report finds accommodation, food-services sector accounts for fifth of income employment supports
First-time buyers now account for over half of mortgage approvals
New figures show pick-up in mortgage activity
Sharp decline in investors using buy-to-let mortgages to fund investments
First time buyers accounted for about 53% of mortgage drawdowns by value last year - BPFI
Financial Services Innovation Awards open for entries
Multicategory awards recognising individuals and companies return virtually this year
Value of mortgage drawdowns in fourth quarter at highest level in 12 years
Impact of current lockdown ‘remains to be seen’, says industry body BPFI
Irish banks put €5.9m into app aimed at taking on Revolut, N26
Initial investment into Synch Payments made before Christmas
Irish banks’ payments app plan to take on Revolut hits snag
Application did not contain enough information, competition commission says
What does the latest lockdown mean for property buyers and sellers?
Demand, supply, mortgages, viewings: everything you need to know about the market in 2021
Irish banks select Italian fintech Sia to develop app to rival Revolut
Synch Payments is a joint venture between AIB, Bank of Ireland, Permanent TSB and KBC
Asylum seekers legally entitled to open bank accounts, IHREC says
Asylum seekers should be able to open account using residence certificate says equality commission
Most SMEs on loan payment breaks fail to return to original terms
Only 48.8% of SMEs have gone back to full repayments since November expiry date
AIB revives €1bn-plus problem mortgages sale
Some family home loans earmarked to be taken over by ‘ethical’ entities
Irish credit and debit cards hit for €22m in fraud last year
According to the Banking & Payments Federation Ireland, losses on 260,000 different transactions were recorded here last year
EU watchdog resists calls to revisit payment breaks
EBA says it must ensure the credibility of banks’ balance sheet data is not jeopardised
‘Tailored’ loan relief better than blanket breaks as Level 5 looms – Central Bank
Struggling borrowers should be offered payment breaks on case-by-case basis
Banks urge borrowers facing hit from new restrictions to engage
Lenders no longer offering general payment breaks but treating customers on case-by-case basis
Mortgage breaks will not be extended beyond this week
Borrowers to be dealt with on a case-by-case basis after Government meeting with banks
Borrowers urged to work with banks as payment breaks end
Some 86,000 mortgage accounts have been granted payment breaks by lenders
Construction workers among first PTSB borrowers off payment breaks
Mortgage lender slides into loss amid €75m charge to cover bad loans
Covid-19 crisis triggers payment breaks on 28% of SME borrowing
Central Bank data shows almost 10% of Irish mortgage debt also subject to relief
Banks to keep charging interest on loans subject to Covid-19 payment break
Industry body denies banks misled government over accrual of interest on paused loans
Banks charging interest on payment holiday loans undermined by EU guidance
Not applying interest for six months during Covid-19 payment holiday could cost banks up to €150m
Tap and go: how Covid-19 took the gloss off cash
As the way we handle our money changes, cards and digital wallets have room to grow
Covid-19 mortgage breaks: What’s the catch?
Emergency deferral of payments will add to the total cost of a loan
Mortgage payment-break numbers rise to 78,000
Total of 140,000 mortgage, personal and business loans now paused temporarily
YOU MAY ALSO LIKE...
Crosswords & Puzzles
Crosswords & puzzles to keep you challenged and entertained
Stardust
Inquests into the nightclub fire that led to the deaths of 48 people
Common Ground
How does a post-Brexit world shape the identity and relationship of these islands
Family NoticesOpens in new window
Weddings, Births, Deaths and other family notices