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A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

<p>The three main Irish banks are set to report a combined annual profit of over €4.5bn.</p>

economy

Irish banks set to post profits haul of over €4.5bn, putting focus on lack of competition

Bank of Ireland and AIB will account for the lion's share of record pre-tax profits when they unveil their 2023 results next week

<p>Consumer spending will help buoy the economy this year even as jobs growth slows from a 'breakneck pace' and multinational exports fail to stage a strong rebound, according to Bank of Ireland forecasts. Picture: Sam Boal/Rollingnews.ie</p>

economy

Consumer spending will buoy Irish economy as exports remain sluggish and jobs growth slows

<p>Irish Cancer Society welcomed the new Insurance Ireland code of practice but said it will continue to work for the 'right to be forgotten beyond cancer'. Stock picture</p>

news

Couple can't get mortgage protection due to husband's successful treatment for cancer

companies

Irish banks' proposed rival to Revolut ceases operations

close up employee man hand holding smartphone to checking alert from mailbox with warning sign for email spam security and prote

court and crime

Increase in number of people falling victim to 'Hi Mum' text messaging scams

McGrath: 'Critical' that banks work with people in difficulty as rate hike looms

economy

McGrath: 'Critical' that banks work with people in difficulty as rate hike looms

Businesswoman Shouts Through Megaphone Towards Much Larger Businessman

John Whelan: Banking crisis may hinder Irish women-led companies blazing a trail across Europe

'Ambitious start-up businesses had been unable to pursue growth at all costs and were scrambling for funds to keep their scaling plans on track'

Sun, 19 Mar, 2023

Revolut to begin offering Irish customers credit cards

Revolut to begin offering Irish customers credit cards

Digital app takes another step towards full banking services

Mon, 20 Feb, 2023

Rishi Sunak visit to County Durham

Britain faces bleakest two years of any major industrial country, IMF warns

Britain faces the bleakest two years of any major industrial country with a recession in 2023 and the slowest growth of peers in 2024, the IMF predicts.

Tue, 31 Jan, 2023

House prices

Mortgage repayments up €100 a month due to rising property prices, according to new report

Ireland's mortgage market grew strongly in the first half of 2022, with drawdowns up 17% to 21,895, the most since 2009

Fri, 18 Nov, 2022

European Central Bank President Christine Lagarde Rate Announcement

ECB to raise rates again by 0.75% this week, say economists

The rate hike will impact hundreds of thousands of homeowners as their mortgage repayments will increase significantly as a result

Sun, 23 Oct, 2022

Report of the Commission on Taxation and Welfare

Finance Minister asked officials to contact AIB over cash services backlash

Ireland’s Finance Minister Paschal Donohoe has said he asked his officials to contact AIB, who ensured the bank were “fully aware” of the backlash in response to their announcement to make 70 branches across the country cashless.

Wed, 21 Sep, 2022

Ulster Bank in Ireland

Almost 300,000 new current accounts opened in Ireland this year

Almost 300,000 new bank accounts have been opened in Ireland in the first six months of this year, new figures show.

Fri, 05 Aug, 2022

Analysis: Regulator's 'hands were tied' in carve up of Ulster Bank and KBC loan books

Analysis: Regulator's 'hands were tied' in carve up of Ulster Bank and KBC loan books

The competition watchdog has approved the €7. 6bn plan by Permanent TSB to acquire a huge chunk of the mortgage loan book and the last of a trio of banking deals that will change the landscape of Irish banking forever.

Fri, 22 Jul, 2022

AIB seeks to secure €6bn in tracker mortgages in Ulster Bank closure

AIB chief executive Colin Hunt said the approval by the CCPC over the commercial loans was a further “important milestone” in the bank’s development

Fri, 29 Apr, 2022

Revolut to offer more banking services through new licence

Revolut to offer more banking services through new licence

Revolut Bank recently started providing its Irish customers with the option to take out personal loans.

Thu, 24 Mar, 2022

FILE PHOTO Bank of Ireland has announced the creation of 130 new IT jobs over the next 12 months END

Bank of Ireland to pay out €104m in dividends and share buybacks on back of strong underlying growth

Total new lending amounted to €14.2m

Mon, 28 Feb, 2022

Construction input costs rose 'at a considerable pace' last month

Construction input costs rose 'at a considerable pace' last month

Housing activity was only slightly higher since October, which may raise concerns that the housing crisis and shortages of homes won't get better very quickly

Mon, 13 Dec, 2021

General Economy As Ireland Issues Record Number of Passports

Central Bank steps up concerns over outsized role of property funds in Irish commercial market

There are 200 property funds, which include US, European, and Irish investors, that account for €23bn, or 40% of the stock of commercial property investments in Ireland

Thu, 25 Nov, 2021

Donohoe: New 'broad-ranging' banking review will consider consumer interests

Donohoe: New 'broad-ranging' banking review will consider consumer interests

The review will also consider the implications for the so-called fintech and digital transaction providers are playing in disrupting traditional banking.

Tue, 23 Nov, 2021

CC BANKS

Ulster Bank tells customers to 'get ready' to leave ahead of its exit from Irish market

Earlier this week, Permanent TSB said talks are ongoing between it and NatWest over the potential acquisition of parts of Ulster Bank’s retail and SME business in the Republic

Fri, 29 Oct, 2021

Solar panels on roof of house UK

Budget measures expected to boost energy retrofitting spending by households

A survey, conducted by the BPFI before the budget, showed 49% of consumers are planning to undertake some energy retrofitting measures in their homes over the next three years

Fri, 15 Oct, 2021

Ireland’s empty towns: Even Tipp’s flourishing towns are blighted by vacant properties

Ireland’s empty towns: Even Tipp’s flourishing towns are blighted by vacant properties

Ryan O’Rourke and Eoghan Dalton learn that Tipperary, like the other counties in this 'Irish Examiner' series, has too many empty properties, while many people cannot even find a place to live

Thu, 09 Sep, 2021

File photo AIB has agreed a deal with Ulster Bank to buy about Û4.2 billion of its performing corporate and commercial loans. En

AIB back in the black after Covid-19 crisis prepares to benefit from exit of rivals

AIB - which is 70%-owned by the Government - will acquire €4.2bn in performing corporate loans in the carve-up of the NatWest-owned Ulster, and also plans to buy back broker Goodbody

Wed, 04 Aug, 2021

Profits surge at Bank of Ireland with increases in new lending

Profits surge at Bank of Ireland with increases in new lending

Bank is in the process of acquiring Davy Stockbrokers and parts of KBC Bank

Tue, 03 Aug, 2021

Deutsche Bank AG Branches Ahead Of Earnings

Deutsche Bank to cut as many as 450 jobs in Ireland

The job losses are mostly in technology and back office support positions based in the Dublin docklands

Tue, 06 Jul, 2021

File photo AIB has agreed a deal with Ulster Bank to buy about Û4.2 billion of its performing corporate and commercial loans. En

Banking union urges swift completion of PTSB-Ulster Bank asset deal

Permanent TSB is in talks with Ulster Bank’s parent Natwest over buying parts of Ulster’s retail lending and SME banking business arms in the Republic.

Mon, 28 Jun, 2021

Eamon Quinn: Ireland's broken housing and banking markets were outsourced to the vultures

Eamon Quinn: Ireland's broken housing and banking markets were outsourced to the vultures

Not only are the funds outbidding Irish families seeking homes, they are already deeply embedded in every street in the country

Sun, 09 May, 2021

Munster SMEs look beyond banks for finance as relationship banking comes to an end

Munster SMEs look beyond banks for finance as relationship banking comes to an end

With high street banks closing branches, SMEs are moving beyond traditional lenders to secure financing, writes Ciarán Sunderland

Tue, 23 Mar, 2021

Jim Power: Why these are not good times for banking and finance in Ireland

Jim Power: Why these are not good times for banking and finance in Ireland

'The public will increasingly face into a banking system with fewer outlets, less qualified staff and a serious diminution of customer service'

Sun, 07 Mar, 2021

CC BANK OF IRELAND

Niamh Hennessy: Changes in banking landscape only just beginning

Although banks are increasingly closing branches and moving towards online banking, Ireland is still a long way behind other countries, writes Niamh Hennessy

Sun, 07 Mar, 2021

Coronavirus

Paschal Donohoe: Davy should make public statement on €4.1m fine

Fine is largest handed out to an Irish stockbroker but no personal sanctions imposed

Wed, 03 Mar, 2021

Widespread backlash after Bank of Ireland announces closure of 103 branches

Widespread backlash after Bank of Ireland announces closure of 103 branches

BoI, which is 14% owned by the Government, plans to shut 88 of its 257 branches in the Republic, and 15 of its 28 branches in Northern Ireland

Mon, 01 Mar, 2021

Irish banks face long recovery from Covid-19 loan losses as fears grow for branches

Irish banks face long recovery from Covid-19 loan losses as fears grow for branches

The banking sector is unlikely to achieve full recovery until 2024 — but Ulster Bank's departure adds a wild card to the mix

Thu, 25 Feb, 2021

Ulster Bank in Ireland

John Whelan: Why small firms will be worst hit as Ulster Bank pulls out

The State must devise a master plan for the future of banking, and it must move fast.

Sun, 21 Feb, 2021

Calls for cashback mortgages probe before State uses money to back Ulster Bank loans sale

Calls for cashback mortgages probe before State uses money to back Ulster Bank loans sale

The Government has placed its State-owned Permanent TSB as well as AIB, which owns the EBS mortgage lender, in the lead positions to buy large parts of the Ulster Bank's €20bn loan books, of which €15bn is accounted for by mortgage loans

Sun, 21 Feb, 2021

Jim Power: Ulster Bank's exit ratchets up risks for Covid-hit Irish economy

Jim Power: Ulster Bank's exit ratchets up risks for Covid-hit Irish economy

The withdrawal has left us with major headaches, not least a concentration of banking muscle in fewer hands. Jim Power mulls over what it all means, and concludes the State needs to take radical action now

Sun, 21 Feb, 2021

Ulster Bank confirms exit from Irish market sparking scramble for loan books

Ulster Bank confirms exit from Irish market sparking scramble for loan books

The decision will dramatically lessen competition in the Irish banking sector and puts over 3,000 jobs at risk

Fri, 19 Feb, 2021

KBC recommits to Ireland as rival Ulster Bank reviews its future in the Irish market

KBC recommits to Ireland as rival Ulster Bank reviews its future in the Irish market

There is no question over KBC Bank staying in Ireland despite it posting a hefty €48m loss during the 2020 pandemic, and even while all banks struggle to make healthy returns in the market, its chief executive in Ireland Peter Roebben has said.

Thu, 11 Feb, 2021

FILE PHOTO Minister for Finance Paschal Donohoe is due to meet Ulster Bank Ireland CEO Jane Howard today as parent company NatWe

'Fury and dismay' as Ulster Bank staff seek news about lender's future

The chief of Ulster Bank in the Republic, Jane Howard, will be pressed at a meeting tomorrow for news on the lender's future, the Financial Services Union (FSU) has said, as bank staff vented their "fury and dismay" over a long-drawn-out review

Wed, 03 Feb, 2021

Increasingly likely Ulster Bank in the Republic will be wound down, business figures warn

Increasingly likely Ulster Bank in the Republic will be wound down, business figures warn

The bank is dwarfed by the huge market shares of AIB and Bank of Ireland

Fri, 29 Jan, 2021

Bank employees group to meet Donohoe over job cuts and branch closure plans

Bank employees group to meet Donohoe over job cuts and branch closure plans

The country’s main bank employee representative group is to meet today with finance minister Paschal Donohoe to discuss the future shape of Ireland’s banking sector amid a swathe of job cuts and branch closures.

Mon, 07 Dec, 2020

Daniel McConnell: Why next year will be even more painful than 2020

Daniel McConnell: Why next year will be even more painful than 2020

In light of the horrendous year the people of this country and beyond have endured, news of vaccines is most welcome. But 2021 will pose its own set of problems, writes Daniel McConnell

Sun, 06 Dec, 2020

Alison O'Connor: 'The greatest gift you can give to any child is self-confidence'

Stripe to begin offering bank accounts

Limerick brothers Patrick and John Collison say banks will now be able to offer checking accounts and other financial services through e-commerce providers

Thu, 03 Dec, 2020

FILE PHOTO The Central Bank of Ireland has announced it has fined KBC Bank Ireland over €18m for regulatory breaches affecting t

Paschal Donohoe defends Central Bank performance on Consumer Protection Code

Central Bank handed out 26 enforcement actions for breaches of code between July 2006 and July 2016. Since then, however, it has only fined Permanent TSB and KBC Bank Ireland

Fri, 13 Nov, 2020

PTSB not focusing on 'hypothetical' review at Ulster Bank, says chief

PTSB not focusing on 'hypothetical' review at Ulster Bank, says chief

Permanent TSB (PTSB) was focusing on the fallout of Covid-19 and was not weighing the "hypothetical” outcome involving a review at rival Ulster Bank, its CEO Eamonn Crowley has said.

Tue, 27 Oct, 2020

Businessman giving a key and holding small house in hand.

Morgages approved by banks 11% below year-earlier level

The August loan approvals amounted to €946m, up sharply in the month, but down from August 2019

Fri, 25 Sep, 2020

PayPal launches Mastercard in Ireland for businesses

PayPal launches Mastercard in Ireland for businesses

Covid-19 spurs widespread push towards contactless payments

Wed, 23 Sep, 2020

Deutsche Bank job losses

Global bank shares fall on leaked documents cache

A cache of leaked documents suggests increased scrutiny on suspect transactions at banks does little to stem the flow of trillions of dollars linked to suspicious activity -- and shares of the biggest global lenders fell.

Mon, 21 Sep, 2020

What the loss of Ulster Bank would mean for consumers

What the loss of Ulster Bank would mean for consumers

Ireland's banking sector has already lost Bank of Scotland, Danske Bank, Rabobank, Anglo Irish Bank and Irish Nationwide

Mon, 21 Sep, 2020