Organisation: BPFI

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

<p>The value of the average car loan during the first three months of the year stood at was €12,901. </p>

companies

Volume and value of car loans in Ireland hit record highs

BPFI says more than 16,000 car loans were drawn down in the first quarter as CSO data shows new and second-hand car sales grew growing in that period

<p>Banking and Payments Federation Ireland data shows that approvals for first-time buyers fell over 9% in June compared to the same month last year. Picture: iStock</p>

companies

Mortgage approvals drop 6% in June – BPFI report

<p>Businesses are being advised to implement fraud awareness training for staff in order to protect against these scams. </p>

companies

Email fraud cost Irish SMEs nearly €10m last year

companies

Banking representatives call for EU to develop single capital market

economy

Banking sector facing skills shortage

Hacker, IT and person with code on computer, programming and phishing scam with malware or virus. Hacking, system glitch and clo

business

Emer Walsh: Fraud is already on the rise, and AI is set to turn it into a perfect storm

Construction on New Home or Residential Building Wooden Beams and Sky

Housing completions improve to meet demand while mortgage drawdowns decline

In the first six months of the year there were 20,389 mortgage drawdowns, a 7% decline year-on-year, mainly due to the significant drop in switching activity, said the BPFI

Tue, 12 Sep, 2023

State mortgage top-ups for those building own homes to be rolled out from next week

Self-builders who find it difficult to get a full mortgage are to be included

Mon, 04 Sep, 2023

Irish Examiner view: Beware of a headlong switch over to contactless payments

As well as considering the wishes of citizens who choose cash, we should bear in mind that almost three quarters of Irish consumers have been targeted by online fraudsters

Mon, 03 Jul, 2023

Rising costs and higher interest rates 'could affect viability of housing projects'

Although house price inflation is falling, Banking and Payments Federation Ireland warns that affordability remains an issue — with asking prices 127% up from a decade ago

Tue, 20 Jun, 2023

Banks and Mabs collaborate over mortgage debt advice

Mortgage brokers and debt advisers have warned that households are already struggling.

Tue, 06 Jun, 2023

Demand for new homes more than doubles in just one year

The Daft.ie report does not cover supply however, warning that "the Irish housing market is in desperate need of increased supply over the years, and indeed decades to come".

Fri, 02 Jun, 2023

Ulster Bank permanently shuts the doors of its remaining 63 branches

Vulnerable customers and those who still need to finalise switching to a new banking provider can still access Ulster Bank customer services and supports through telephone and online channels.

Fri, 21 Apr, 2023

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

Housing supply must increase as prices exceed pre-crash peak, banking lobby warns

The BPFI report says the number of dwelling completions is up 53.4% on last year, but dwelling commencements are down by 43.5%

Tue, 06 Sep, 2022

Staff shortages could impact housing delivery, warns banking industry

Despite a strong pipeline, house building could be curtailed by staff shortages, Ireland's banking industry has warned.

Tue, 08 Mar, 2022

Fifth of young women feel they have no control over their money

Training is being rolled out across the banks, focusing on recognising and responding to customers who may be subject to financial abuse and coercive control.

Fri, 04 Feb, 2022

Stop unknown calling. Phone scam on the screen.

Irish Examiner View: We must do more to stop scam calls

Irish people are the second most likely citizens of EU member states to be victims of some form of mobile phone con, losing €5,300 on average.

Sat, 30 Oct, 2021

Woman in Krakow old town using digital wallet for smart watch payment

July sees record contactless payments by consumers

Online and mobile banking payments continued to grow strongly in the second quarter of the year as Covid-19 restrictions were eased

Fri, 10 Sep, 2021

House construction rebounds strongly but shortages remain

Building is significantly higher than in 2016 — but it's not enough yet to address the severe lack of residential properties

Tue, 27 Jul, 2021

Mortgage application loan agreement and house key

Housing supply won't meet demand until 'at least' end of 2023

BPFI report reveals impact of Covid on property market, while Taoiseach reveals just 18,000 houses built this year

Tue, 08 Dec, 2020

Record €600m in contactless payments made in May

The average daily spend is an increase of 7% compared to the spending in February prior to the Covid-19 restrictions.

Tue, 23 Jun, 2020

Banks are expecting a 12,000 shortfall in new homes this year

There will be a shortfall of up to 12,000 new houses in 2020 due to the coronavirus shutdown and the workplace restrictions currently in place, the banking sector lobby has warned.

Tue, 16 Jun, 2020

Consumers warned to be alert to investment scams by fake companies

Consumers are warned to be on the alert to investment scams being carried out by false companies offering fake investment opportunities.

Fri, 29 May, 2020

Covid-19 loan deferrals application deadline approaching

The service provides for a payment break of three to six months for those whose incomes have been impacted by the crisis.

Thu, 28 May, 2020

Bank of Ireland's new Dublin headquarters

Banks call for the State to guarantee loans to keep SMEs from going under

Employment and output at Irish factories plunged again in April, providing new evidence of the dire economic crisis as Ireland’s main banking group called for the State to guarantee loans for banks to provide small businesses at low cost.

Fri, 01 May, 2020

Couple’s mortgage blocked over Covid-19 wage subsidy

A couple with mortgage approval have been refused their loan drawdown because one of them is now in receipt of the State’s Covid-19 wage subsidy.

Sat, 25 Apr, 2020

Samaritans Ireland appeals for donations; ALONE welcomes banking supports for elderly

Major and minor fundraising events have been cancelled and curtailed, while volunteering and other efforts are restricted due to physical distancing.

Wed, 08 Apr, 2020

Covid-19 warnings as card fraud costs €12m

Card fraud jumped to €12m in the first half of 2019, new figures show, prompting warnings to consumers about Covid-19 scams.

Tue, 31 Mar, 2020

Banks getting 7,000 calls per day about mortgage payment breaks

Banks are fielding some 7,000 calls each day from mortgage holders seeking payment breaks as a result of the Covid-19 outbreak.

Tue, 24 Mar, 2020

Card scammers: Hang up on phone fraudsters

Phone scams are becoming increasingly common, but there's a lot you can do to protect yourself, says Rowena Walsh.

Sun, 15 Mar, 2020

Calls for new legislation to help separated borrowers in mortgage arrears

Banking lobbyists have called for the introduction of new legislation to ease the plight of separated borrowers who are in mortgage arrears.

Wed, 15 Jan, 2020

Consumers warned about scam offering cheap flights

FraudSMART, the fraud awareness initiative of Banking & Payments Federation Ireland (BPFI), has warned people to be cautious in their efforts to bag a last-minute Christmas bargain.

Thu, 19 Dec, 2019

Gardaí warn of upsurge in scams in run-up to Christmas

People are being warned of an upsurge in scams in the run-up to Christmas.

Mon, 18 Nov, 2019

Leading agencies reach agreement to help resolve mortgage disputes

An agreement to help resolve mortgage disputes has been reached between two leading agencies.

Mon, 04 Nov, 2019

Consumer confidence at lowest level for six years due to Brexit

A new report from the Banking and Payments Federation also shows that the tourism and construction sectors are worst affected.

Tue, 15 Oct, 2019

Older people more likely to be victims of fraud, study shows

One-third of Irish people say they have been scammed out of money, with older people more likely to be victims of fraud, a new study shows.

Mon, 23 Sep, 2019

Household incomes struggling to match rent costs, research shows

Household incomes are struggling to match the average cost of rental accommodation, according to new research from the Banking & Payments Federation Ireland (BPFI).

Wed, 11 Sep, 2019

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

Irish ecommerce chief welcomes grace period to avoid PSD2 'chaos'

The chairman of Ireland’s ecommerce alliance has welcomed the news that a grace period will apply to the EU’s PSD2 directive in order to allow Irish businesses to get up to code, saying the alternative would be “absolute chaos”.

Fri, 06 Sep, 2019

5,100 mortgages worth more than €1bn approved in July

The figure is an approvals increase of 14.5% on the previous month and 21% compared to the same time last year.

Thu, 29 Aug, 2019

People told to prepare for new online banking security

Consumers have been urged to prepare for new security measures aimed at clamping down on online banking fraud.

Mon, 26 Aug, 2019

Gardaí issue warning abour 'smishing' scam designed to gain access to bank accounts

Gardaí have issued a warning about a text message scam that is designed to gain access to personal bank accounts.

Wed, 21 Aug, 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

Making Cents: Fraudsters target young adults with a variety of scams

With the summer months upon us, there are plenty of teenagers and young adults looking to earn some extra cash before heading back to school or college.

Tue, 09 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

Shoppers: Beware of summer scams and fraudulent emails

John Hearne cautions people to be on high alert as seasonal scams seem to be on the rise, so particularly watch out for fraudulent emails.

Thu, 20 Jun, 2019

20% of properties sold to big investors

One-fifth of all property sales in the first quarter of 2019 were to large international investors and real estate investment trusts.

Thu, 06 Jun, 2019

One-fifth of property sales went to 'cuckoo funds'

One-fifth of all property sales in the first quarter of 2019 were to large international investors and real estate investment trusts.

Thu, 06 Jun, 2019