Organisation: Banking and Payments Federation of Ireland

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

economy

First-time buyers eye up areas outside their counties amid high prices, report finds

Dublin borrowers, for example, accounted for more than 40% of first-time buyer mortgages in Kildare, Wicklow and Meath in 2023, a mortgage report by the BPFI showed

<p>In one incident, a woman in her 50s who had received some inheritance invested €70,000 in what appeared to be a legitimate scheme but turned out to 'an elaborate scam'.</p>

news

Irish people conned out of €8.6m by fraudsters in first half of last year, new figures show

<p>Small and medium-sized businesses employ the majority of people in Ireland but with unemployment reaching record low levels this year there is not much room to grow.</p>

economy

Recruitment concerns among small firms remain key issue for growth

Construction on New Home or Residential Building Wooden Beams and Sky

economy

Housing completions improve to meet demand while mortgage drawdowns decline

Cyber Criminal With Stolen Credit Card And Laptop

news

Public warned fraud scams are getting more 'complex and credible'

economy

Mortgage switching approvals drop more than 70% in May

Ireland becoming a cashless society as digital payments surge

The Banking and Payments Federation Ireland found that during Q2 digital banking payments have outnumbered direct debit transactions for the first time, while contactless transactions also surged.

Fri, 02 Sep, 2022

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

Scam victims conned into paying an average of €1,700 to fraudsters

The Banking and Payments Federation of Ireland says that the number of smishing scams it has been notified of so far this year is almost double the amount seen during the first six months of 2021

Wed, 10 Aug, 2022

'I was not listened to' - Nasc criticises system which delays refugees having bank accounts

Refugees and asylum seekers are struggling to access bank accounts and other financial services, according to Nasc, the migrant and refugee rights centre.

Fri, 02 Oct, 2020

AIB's €300m additional tracker mortgage bill reopens scandal

A surprise decision by AIB to set aside an additional €300m to help compensate 5,900 more tracker mortgage

Tue, 04 Feb, 2020

First-time buyers earning more than €80,000 account for more than a third of all mortgage drawdowns

The figure is more than double that in 2004 when high earners made up just over a tenth of drawdowns.

Wed, 11 Sep, 2019

Lobby group defend banks' sale of customer loans to vulture funds

One of the chief lobby groups for the banking sector has defended the controversial and divisive practice of the State's main lenders selling non-performing loans - or NPLs - to so-called vulture funds.

Fri, 06 Sep, 2019

Former Fine Gael MEP looking to help banks regain reputation

Former Fine Gael MEP Brian Hayes has defended financial services in Ireland from what he called "bank-bashing" and groupthink".

Mon, 15 Jul, 2019

May figures reveal more than €1.1bn worth of mortgages approved by banks in a month

Almost 5,000 mortgages valued at more than €1.1bn were approved in May.

Fri, 05 Jul, 2019

Alternatives to loan sales must be priority

Paul Joyce In recent weeks there has been much discussion surrounding the ‘No Consent, No Sale’ bill proposed by Sinn Féin’s Pearse Doherty.

Tue, 23 Apr, 2019

Elder abuse reports increase by 30%

Reports of alleged abuse of older people and persons with disabilities increased by almost 30% in the past year, it has emerged.

Fri, 15 Jun, 2018

Surge in mortgage holders switching

As many as 2,000 mortgage holders may switch lender in the first six months of the year as brokers experience a surge in consumers looking to avail of cheaper rates.

Tue, 23 Jan, 2018

Dysfunctional housing market - Far more radical response is vital

Earlier this week the housing charity Threshold reported that in 2016 it received more than 71,000 calls, many from people facing destitution.

Wed, 29 Nov, 2017

Dysfunctional housing market - Far more radical response is vital

Earlier this week the housing charity Threshold reported that in 2016 it received more than 71,000 calls, many from people facing destitution. 

Wed, 29 Nov, 2017

The end of cash: Tapping for money becomes commonplace for consumers

The days of jingling pockets are coming to an end. The rounding initiative begun two years ago has already seen the beginning of the end of 1c and 2c coins.

Mon, 24 Apr, 2017

Ireland at risk of another banking disaster

One of the Central Bank’s most senior officials has warned that Ireland is at risk of repeating the catastrophic economic mistakes of the past less than a decade after the country was cast into financial ruin.

Sat, 01 Oct, 2016

Home lending ‘abnormally low’ despite spike in April

The country’s chronic housing shortage is set to persist and push property prices even higher while, at the same time, the Central Bank’s mortgage rules continue to restrict lending to ‘abnormally low’ levels despite a pick-up in April.

Wed, 01 Jun, 2016

‘Banks insult debt agencies’

The five main banks have been accused of insulting Irish groups which help people in debt by funding a similar British charity to start work here.

Sat, 26 Sep, 2015

Home lending to top €5bn

New mortgage lending is expected to top €5bn this year with the Central Bank’s new loan restrictions likely to see drawdowns front-loaded in the first half of 2015.

Thu, 19 Feb, 2015