Businesses face up to 1.55% insurance fees for cheap State-backed loansBanks cap interest rates on loans as low as 2.48%Mon Sept 07 2020 - 17:31
Boom-time subprime lender Stepstone enters liquidationFirm’s remaining mortgage portfolio sold at steep discount to US company Cerberus in 2018Mon Sept 07 2020 - 15:18
ElectroRoute wins energy trading deal for Offaly battery projectPlants will store enough electricity to power about 100,000 homes.Mon Sept 07 2020 - 13:06
Borrowers urged to work with banks as payment breaks endSome 86,000 mortgage accounts have been granted payment breaks by lendersMon Sept 07 2020 - 12:32
Hoteliers warn 75% of tourism jobs may be lostJuly and August marked room occupancy at 49%, down from 90% for the same months in 2019Mon Sept 07 2020 - 05:25
Iseq companies raise €1.44bn in Covid share salesMore listed businesses likely to take chance to bolster balance sheets if markets remain bullishMon Sept 07 2020 - 05:20
Karl Deeter’s mortgage application company raises €1mFintech onlineapplication.ie allows applicants to avoid the traditional paper chaseMon Sept 07 2020 - 05:15
Brexit adds to SME cocktail of risks as State finally launches Covid loansJoe Brennan: €2bn credit guarantee scheme comes as UK and EU standoff continuesFri Sept 04 2020 - 16:11
Ryanair raises €400m in share sale amid Covid crisisAirline flags ‘unprecedented’ difficulties for wider sectorFri Sept 04 2020 - 07:07
Johnny Ronan’s rivals for Irish Glass Bottle site circle as deal dragsUnderbidders make contact with Nama as deadline for RGRE-Colony deal passesFri Sept 04 2020 - 05:23
Audit firm EisnerAmper hit by fines and costs in excess of €120,000Sanction is first imposed by Irish watchdog since taking responsibility for the areaFri Sept 04 2020 - 04:15
Former Quinn Insurance director Kevin Lunney settles with Central BankSettlement follows five-year inquiry involving Lunney and Liam McCaffreyThu Sept 03 2020 - 14:00
Bank of Ireland eyes foray into ‘green bonds’ marketBank is expected raise between €300 million and €750 million in initial green bond saleThu Sept 03 2020 - 06:00
Barnier ‘worried and disappointed’ by UK Brexit stanceEU Brexit negotiator tells Dublin audience he will ‘miss’ Phil HoganWed Sept 02 2020 - 16:32
Mainstream secures $620m Chile financing ahead of group saleMove is second phase in three-stage development contract in the countryTue Sept 01 2020 - 15:56
Pay for top Irish bosses jumps 18% ahead of Covid crisisCovid-19 impact on shares, earnings and dividends set to weigh on remunerationFri Aug 14 2020 - 08:16
Greencore and Aryzta shares fall as European markets go into reverseLondon on the back foot on stronger sterling and profit-takingThu Aug 13 2020 - 20:20
Central Bank has sold off 70% of IBRC-linked bondsBank has sold €17.5bn of the bonds to NTMA since 2014Thu Aug 13 2020 - 16:56
IPL’s earnings slide 37% as plastics firm looks for better offersPlastics group agreed last month to be taken over by US-based Madison DearbornWed Aug 12 2020 - 17:54
KBC Ireland open to selling legacy problem mortgagesBank has more than €1.5bn of impaired loans, mainly owner-occupier mortgagesWed Aug 12 2020 - 05:16
KBC Ireland chief feels heat from big tech in race for relevanceSeeing the sector as a competition between banks is a narrow view, says Peter RoebbenWed Aug 12 2020 - 05:13
Irish banks’ remain among best capitalised in EU, says DBRSIrish lenders started crisis with sound capital cushions available to absorb credit losses, says ratings agencyTue Aug 11 2020 - 09:50
Bank of Ireland does U-turn after refusal to reimburse ‘smishing’ victimsPermanent TSB and AIB customers also targeted by online and phone fraudstersMon Aug 10 2020 - 15:19
Depfa sees fresh bid interest from Apollo and JC FlowersThe German lender based in Dublin has also drawn interest from hedge fundsMon Aug 10 2020 - 04:40
Over 200 Covid-related complaints lodged with financial ombudsmanAbout 50 of the complaints relate to business interruption insurance, spokeswoman saysMon Aug 10 2020 - 04:20
Irish company insolvencies expected to spike near crisis level of 1,700 next yearImproved grant scheme to help businesses reopen accepting applicationsMon Aug 10 2020 - 03:40
Irish construction activity picks up again in JulyIndustry continued recovery from Covid-19 slump for second straight monthMon Aug 10 2020 - 03:25
Financial ombudsman warns consumers of attempted scamGer Deering urges vigilance after his office is impersonated on phone callsSun Aug 09 2020 - 13:56
Scars from the crash give Irish banks 2.6 billion reasons for Covid cautionResults week has revealed huge loan-loss provisions among financialsFri Aug 07 2020 - 15:01
AIB defends ‘incredibly’ high €1.2bn loans charge as 2008 hauntsBank slides into loss for first half of 2020 as Covid-19 leads to loan charge and hits incomeThu Aug 06 2020 - 17:31
KBC Ireland takes €95m loan charge amid Covid-19 pandemicProvisions for expected jump in problem loans push lender into second quarter lossThu Aug 06 2020 - 07:32
Bank of Ireland warns full-year loan charge will be as much as €1.3bnNew lending volumes now expected to fall 30% this yearWed Aug 05 2020 - 17:23
BofI to cut 1,400 jobs as Covid-19 drives €937m loans chargeGroup launches voluntary redundancy scheme, drawing union criticismWed Aug 05 2020 - 12:40
Bank of Ireland to charge negative rates on some SME depositsMove follows bank’s decision to charge interest on pension firms’ cash desposits.Wed Aug 05 2020 - 09:01
Homebuilders cite lessons from ‘scary’ crash as they plot futureQuintain directors on Covid-19, a scrapped IPO and plans for Dublin’s CherrywoodWed Aug 05 2020 - 05:07
Quintain to seek permission for 1,000 homes at CherrywoodHomebuilder aims to deliver 3,000 homes over seven years in south Dublin zoneWed Aug 05 2020 - 03:50
Construction workers among first PTSB borrowers off payment breaksMortgage lender slides into loss amid €75m charge to cover bad loansTue Aug 04 2020 - 15:28
Ulster Bank makes ‘eye-catching’ €278m provision for likely loan lossesCharge lays down marker for rivals due to report results next weekFri Jul 31 2020 - 17:00
IPL Plastics deal appears to be a wrap for long-suffering Irish investorsAnalysts see little chance of higher offer for company that never got traction in the marketFri Jul 31 2020 - 13:30
FBD poaches AIB deputy chief executive as insurer sinks into lossTomás O’Midheach will join State’s only indigenous general insurer on February 1stFri Jul 31 2020 - 07:07
State mortgage scheme criticised for pausing offers amid Covid-19Borrowers on wage subsidy told they must wait to draw down approved loansFri Jul 31 2020 - 04:40
RSA Ireland profits rise as Covid drives decline in bigger claimsMotor, workplace and public liability claims all declinedThu Jul 30 2020 - 10:29
Union to raise fears of job cuts in banking with Department of FinanceIt was forecast last week that Irish retail banks are likely to cut 20-30 per cent of rolesThu Jul 30 2020 - 05:15
Irish-based insurers pick women for only 21% of top rolesCentral Bank report finds insurance companies fail to promote women employeesWed Jul 29 2020 - 15:03
IPL Plastics agrees sale to Madison DearbornIrish-run company to be sold to US private equity giant at 26% discount to IPO priceWed Jul 29 2020 - 13:30
Smurfit Kappa shares jump on €193m dividend ‘surprise’Covid-19 knocks sales by 9% in first half of the year for packaging giant as demand fallsWed Jul 29 2020 - 11:09
New PTSB chief cuts mortgage rates as Avantcard eyes marketLender also narrows gap favouring new borrowers over existing customersWed Jul 29 2020 - 05:14
Bank of Ireland fined €1.66m for failings amid cyber fraudSecurity questions not asked and request for money transfer not checked with clientTue Jul 28 2020 - 12:03
Nama picks Johnny Ronan and Colony to develop Irish Glass Bottle siteWinning bid for 80% stake in Dublin’s largest vacant plot believed to have exceeded €130mFri Jul 24 2020 - 21:34
Joe Brennan: ‘Uncertainty’ line will not wash with investorsDublin-listed companies to start reporting Covid-hit interim earnings next weekFri Jul 24 2020 - 16:12
