Fitzgerald calls on EU to review ratings firms following many downgradesFine Gael MEP says the EU should not allow rating agencies to ‘unleash panic in the financial markets’Mon May 11 2020 - 03:35
An Post mortgage plans delayed by Covid-19 crisisState postal service had planned to offer lower home-loan rates than banksMon May 11 2020 - 02:00
Construction industry expected to take at least 12 months to recoverUlster Bank survey saw 93 per cent of respondents report a decline in activity in AprilMon May 11 2020 - 01:00
CarTrawler lenders likely to get less than half their money backRescue deal will see UK group TowerBrook take control of Dublin travel software firmSat May 09 2020 - 07:40
Dermot Desmond holds the Datalex cards as airlines fight for survivalWith airlines firmly in the doldrums, the travel software company is under pressureFri May 08 2020 - 16:22
Irish Life posts €10.6m loss amid market volatilityCanadian parent company reports Irish operation’s income fell by 30% in first quarterThu May 07 2020 - 19:05
Moody’s lowers outlook on AIB over possible bad loans from Covid-19Ratings agency predicts Irish lender will be hit by a surge in bad loan losses and slower growth in new lendingThu May 07 2020 - 19:01
Central Bank says banks hitting pause on mortgages makes sense for borrowersCentral Bank governor sees 12% euro zone GDP shrinkage as ‘realistic’Thu May 07 2020 - 11:16
Cartrawler set to fall under control of UK firm TowerBrookDeal could see up to €100m injected into Dublin businessWed May 06 2020 - 19:11
Digicel debt restructuring amounts to default, says Moody’sDenis O’Brien’s mobile group seeking to wipe away up to $1.7bn in debtWed May 06 2020 - 17:16
PTSB seen returning to loss amid surge in loan chargesFirst-quarter trading statements come against backdrop of unprecedented uncertaintiesWed May 06 2020 - 11:25
Ulster Bank takes €32m loans charge amid Covid-19 crisisPlanning for a future hit from loans soured by economic downturn pushes bank to a lossFri May 01 2020 - 17:36
Banks must not become part of the problem as Ireland battles Covid-19Joe Brennan: Banks must be honest with themselves about what loans are unsustainable, make specific provisions and cut restructuring dealsFri May 01 2020 - 15:57
Covid-19 leaves two-thirds of Irish worried about financesSurvey finds people living outside Dublin most concerned about economic outlookFri May 01 2020 - 04:50
Banks urged to avoid ‘cliff-edge’ on loan payment breaksCentral Bank says borrowers may be still under pressure at end of six-month hiatusFri May 01 2020 - 04:48
Datalex in talks with Dermot Desmond on easing loan termsTravel software provider issued sales warning four weeks agoThu Apr 30 2020 - 18:39
Kerry Group pulls forecasts as Covid-19 hits restaurantsConsumer foods business benefitted from stockpiling by households in MarchThu Apr 30 2020 - 15:50
Loan payment breaks extended to six months amid Covid-19 crisisBanks and other mortgage lenders and servicers sign up to extension of relief schemeThu Apr 30 2020 - 15:39
Kingspan sales slump 35% in April as construction is hit globallyTrading in the Americas ‘robust so far’ as construction has been deemed an essential service in most US marketsThu Apr 30 2020 - 08:16
Government urged to offer up to 90% SME loan guaranteeBanking and Payments Federation Ireland urges plan to aid economic recovery from pandemicThu Apr 30 2020 - 07:26
Former Anglo Irish shareholders due no compensation – assessorNow-defunct lender nationalised 11 years agoWed Apr 29 2020 - 12:53
Some AIB borrowers extending payment breaks face scrutinyChief executive Colin Hunt tells virtual agm that bank is in a strong positionWed Apr 29 2020 - 11:39
Denis O’Brien’s Digicel sweetens terms for holdout bondholdersMobile group aiming to wipe away about a quarter of $7bn debtWed Apr 29 2020 - 10:44
SMEs baulk at criteria for State's loan schemeThere are some indications that the scheme may be tweaked or enhancedWed Apr 29 2020 - 04:05
Motor insurers told rebates do not breach competition rulesInsurance body sought advice from Arthur Cox amid concerns over reliefs for customersWed Apr 29 2020 - 03:20
S&P lowers outlook on Irish banks’ ratings to negativeRatings agency expects Irish lenders’ bad loan losses to rise due to coronavirus crisisTue Apr 28 2020 - 18:33
EU offers banks relief on bad loans rules amid Covid-19Banks have already announced billions of euros of bad debt chargesTue Apr 28 2020 - 13:28
Bank of Ireland offers compensation after arrears ‘technical error’Bank started legal proceedings against 400 mortgage holders without first issuing lettersSat Apr 25 2020 - 06:45
CRH boss itches for return to construction as prudence pays offGroup’s €4.3bn distribution and DIY sales appear prescient amid Covid-19Fri Apr 24 2020 - 16:42
Covid-hit Irish companies face ‘going concern’ challengesAuditors may issue qualified opinions on firms’ annual accounts and directors’ abilityFri Apr 24 2020 - 03:41
Covid-hit Irish companies face ‘going concern’ challengesAuditors may issue qualified opinions on firms’ annual accounts and directors’ abilityFri Apr 24 2020 - 03:41
Irish bank investors nervous about bad SME loansCredit guarantee schemes have been introduced elsewhere in EuropeThu Apr 23 2020 - 13:04
Ardagh pulls forecasts even though demand for products still strongFirst-quarter results in line with company’s expectationsThu Apr 23 2020 - 12:51
Assets at Barclays’ Irish unit soar to €69bn in preparation for BrexitBarclays’ Irish operation will be the biggest bank in the RepublicThu Apr 23 2020 - 05:39
CRH cuts management salaries by 25% and temporarily lays off 12,000Building materials giant sticks to €494m dividend plan even as outlook uncertainWed Apr 22 2020 - 07:31
Central Bank relaxes reporting requirements for banks amid Covid-19 crisisFinancial bodies are still expected to meet ‘statutory obligations’ despite the respiteWed Apr 22 2020 - 04:01
NTMA broadens borrowing plans as Donohoe eyes 7.5% budget deficitAgency set to raise between €20 billion and €24 billion in long-term bond markets in 2020Tue Apr 21 2020 - 16:13
State will save close to €450m a year as it redeems a €10.6bn bondState agency borrowing now at just a fraction of the cost prevailing before financial crisisMon Apr 20 2020 - 07:34
PTSB chooses Eamonn Crowley as next CEOInternal candidate must pass second Central Bank review before confirmation in jobSat Apr 18 2020 - 05:45
Donohoe calls on insurers to offer refundsReputations at stake amid Covid-19 stand-off, says Minister for FinanceFri Apr 17 2020 - 16:48
Investors could pay high price as equities continue to rallyCentral banks’ stimulus has driven relentless rebound but it comes at a cost that markets haven’t priced inFri Apr 17 2020 - 15:39
Insurers risk regulatory backlash on rejecting Covid-19 claims over fine printInsurers may find themselves in Central Bank examination similar to tracker mortgage debacleFri Apr 17 2020 - 05:40
Coronavirus: Minister to meet insurers amid standoff over business interruption payoutsVirtual meeting comes amid concerns the industry is using fine print to avoid payoutsFri Apr 17 2020 - 05:05
Digicel sees 75% take-up of $1.7bn debt write-off offerPhone group’s ‘distressed debt exchange’ offer due to expire on April 28thWed Apr 15 2020 - 13:22
Yew Grove properties ‘insulated’ from Covid-19 rent defaultsPlanned acquisitions paused pending greater clarity on economic fallout of pandemicWed Apr 15 2020 - 08:04
Coronavirus: Smurfit Kappa shelves €193m dividendCompany joins slew of firms scrapping payouts in wake of virus’s financial ripple effectWed Apr 15 2020 - 07:39
IMF warns pandemic likely to result in worst global downturn since Great DepressionUS-based fund predicts Irish economy will shrink by 6.8% before rebounding in 2021Tue Apr 14 2020 - 23:35
Coronavirus could freeze debt markets, IMF warnsJunk bond market among areas most at risk after general weakening on lending standardsTue Apr 14 2020 - 17:51
Irish-backed Mitchells & Butlers pub group gets relief from lendersBirmingham-based company says its banks have granted it a waiver until May 15th of a debt service covenant testTue Apr 14 2020 - 15:43
Covid-19 adds to the challenges facing law firmsLaw firms are cutting salaries and some are seeking to participate in the Government’s temporary Covid-19 wage subsidiary schemeMon Apr 06 2020 - 03:45
