Mon, 15 Jun, 2020
The National Asset Management Agency (NAMA) did not achieve the best financial outcome when selling off loans linked to Quinlan Private, a report from the Comptroller and Auditor General has found.
Thu, 19 Mar, 2020
A clampdown on higher-purchase loans agreed by retailers has been ordered by Finance Minister Paschal Donohoe.
Tue, 22 Oct, 2019
Ulster Bank is preparing to sell €900 million worth of non-performing mortgage loans.
Tue, 02 Jul, 2019
Next Monday is July 1, meaning the start of 192 car registrations.
Mon, 24 Jun, 2019
Ulster Bank is expected to sell off more non-performing loans in order to reach a European Central Bank target.
Thu, 09 May, 2019
The Garda National Economic Crime Bureau is warning about websites offering unsecured loans which seek an upfront fee.
Mon, 29 Apr, 2019
Gardaí are warning the public of an online scam relating to websites offering unsecured loans.
Mon, 29 Apr, 2019
AIB will consider further bad loan sales as it looks to reduce up to €3bn of debt by the end of the year.
Thu, 11 Apr, 2019
Permanent TSB (PTSB) has not ruled out further non-performing loan sales, while it deserves to be fined over the tracker mortgage scandal, its chief executive has said.
Tue, 09 Apr, 2019
Allowing credit unions charge as much as 2% a month for their loans could help prevent people from using hugely expensive money lenders and provide some competition to banks charging large amounts on credit cards, industry and consumer advocates have said.
Mon, 07 Jan, 2019
Michael McGrath has welcomed the signing into law by the President of a new bill to regulate vulture funds in the New Year saying it will give greater protection to consumers
Fri, 28 Dec, 2018
Permanent TSB has announced the sale of more than 6,000 non-performing mortgages to Glenbeigh Securities.
Thu, 29 Nov, 2018
The low-cost loan scheme in 2019 will bring previously unavailable 8-10 year unsecured investment finance to the market at competitive interest rates, said Agriculture Minister Michael Creed last week.
Thu, 18 Oct, 2018
One in three families rely on loans to funds their children's education, according to new research.
Thu, 19 Jul, 2018
A rapid growth in Credit Union lending is expected to continue as Solution Centre rolls out enhanced Credit Union Business Model.
Thu, 12 Jul, 2018
The Government’s budget plans have avoided any major censure from the EU over policies ranging from the National Development Plan to the banks dealing with their troubled loan books. However, in its assessment of Ireland’s budget framework, the commission urges the Government to further help distressed households and to encourage “writeoffs of non-recoverable exposures”.
Thu, 24 May, 2018
AIB has agreed to sell a portfolio of non-performing loans to a consortium led by Cerberus Capital Management.
Thu, 17 May, 2018
Ulster Bank has announced that it is the first bank open for applications for the Government's new Credit Guarantee Scheme.
Tue, 01 May, 2018
The Central Bank has said it wants to restrict targeted advertising and unprompted contact by moneylenders, as well as ordering the firms to tell customers about to borrow that they should consider alternatives.
Wed, 28 Mar, 2018
The Chair of the Oireachtas Finance Committee says Permanent TSB should pass discounts on bad mortgages on to customers.
Thu, 22 Mar, 2018
A Fianna Fáil TD has said his party should do whatever it takes to prevent Permanent TSB selling mortgages to vulture funds.
Thu, 22 Feb, 2018
The loans were for a variety of purposes, including the purchase of games consoles and stereos, and for the cost of communions and confirmations.
Wed, 15 Nov, 2017
There has been a big increase in loan refusals from banks to SMEs, the body representing the sector claims.
Wed, 04 Oct, 2017
"Take your €20,000 debt, your degree, and get out”.
Wed, 12 Jul, 2017
Banks in Ireland had sought since 2009 to play down the tracker mortgage scandal which has had a “catastrophic” effect on customers, an expert in tracker mortgages has alleged at the Oireachtas Finance Committee.
Wed, 22 Feb, 2017
Wed, 07 Dec, 2016
Sat, 26 Nov, 2016
Thu, 18 Aug, 2016
Demand from home buyers for mortgages has recently picked up and is expected to stay firm over the next few weeks, according to a Central Bank survey.
Wed, 20 Jul, 2016
Major British lenders expect household and business demand for loans to slow after last month’s vote to leave the EU, the Bank of England has said, in another sign the economy may be slowing.
Thu, 14 Jul, 2016
The high level of non-performing loans still being worked through after the financial crash is just the tip of the iceberg, the Central Bank’s new director of credit institutions supervision has warned.
Thu, 16 Jun, 2016
Vulture funds now own the loans of more than a quarter of the country’s most indebted mortgage holders, in long-term arrears of more than two years.
Sat, 11 Jun, 2016
Agriculture Minister Michael Creed is to meet with the chief executive of Ulster Bank at the end of the month over the controversial sale of €100m worth of farm loans.
Fri, 10 Jun, 2016
Finance Minister Michael Noonan and the National Asset Management Agency have strongly endorsed the auction process behind the sale of the so-called Project Eagle loans.
Thu, 09 Jun, 2016
AIB will cut its standard variable mortgage rate twice more this year, to below 3%, and while Permanent TSB will cut in the coming weeks, Bank of Ireland will hold firm against “political pressures”, Investec Ireland has predicted.
Wed, 08 Jun, 2016
Ulster Bank has strongly defended its decision to sell €300m worth of 900 distressed home loans in the Republic, saying the move will eventually strengthen the bank to boost lending.
Thu, 26 May, 2016
New Central Bank figures showing falls in the average costs of mortgage rates have done little to silence calls for more aggressive cuts in home loan rates to eurozone levels.
Sat, 14 May, 2016
The Central Bank is to be furnished with a report which claims that at least 100 KBC customers may have been taken off tracker loans and not returned to them, it emerged last night,
Fri, 13 May, 2016
The biggest buyer of soured real-estate debt in Europe says disposals of non-performing loans from across the continent’s banks and governments will continue until at least 2021.
Fri, 06 May, 2016
Acting Taoiseach Enda Kenny has said "a full blown" Moriarty Tribunal-style inquiry into the IBRC and Siteserv saga needs to be considered due to ongoing difficulties facing the current investigation,
Wed, 04 May, 2016
Greece will ask its international lenders this week to lock annual debt-servicing costs on its official loans at a fixed interest rate to make its debt mountain more manageable.
Thu, 14 Apr, 2016
Years of restricted access to credit have squeezed twentysomethings out of the housing market to such a degree they now account for fewer than 5% of mortgage holders, according to new research.
Fri, 01 Apr, 2016