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#Banking Sector

# banking-sector - Tuesday 21 July, 2015

Banks are taking lots of people to court - and winning
# Debt And Taxes
# Debt And Taxes

Banks are taking lots of people to court - and winning

Jul 21st 2015, 6:01 AM 18,313 Views 12 Comments

Banks were awarded judgements of €148 million in the first half of this year.

# banking-sector - Sunday 26 October, 2014

Permanent TSB, along with 25 other eurozone banks expected to fail stress test
# Fail
# Fail

Permanent TSB, along with 25 other eurozone banks expected to fail stress test

Oct 26th 2014, 9:17 AM 9,733 Views 21 Comments

The results are expected to be out shortly after 11am today.

# banking-sector - Wednesday 2 July, 2014

The banking inquiry will ask leading economists to help figure out what it should investigate
# Lending A Hand
# Lending A Hand

The banking inquiry will ask leading economists to help figure out what it should investigate

Jul 2nd 2014, 3:21 PM 4,607 Views 33 Comments

The Oireachtas Committee met for the third time in private session this morning.

# banking-sector - Monday 23 June, 2014

These are the questions John Bruton wants the banking inquiry to answer
# Tell Me Whys
# Tell Me Whys

These are the questions John Bruton wants the banking inquiry to answer

Jun 23rd 2014, 4:12 PM 5,553 Views 36 Comments

Bruton wants the inquiry to focus on the reasons why the crisis wasn’t averted, not how it happened.

# banking-sector - Saturday 21 June, 2014

Aaron McKenna: The opposition has missed the chance to expose the banking show trial
# Banking Inquiry
# Banking Inquiry

Aaron McKenna: The opposition has missed the chance to expose the banking show trial

Jun 21st 2014, 9:50 AM 9 Views 18 Comments

This ‘inquiry’ has no credibility whatsoever and a decent opposition would have resigned en masse in protest.

# banking-sector - Monday 9 June, 2014

Three out of four SMEs don't 'shop around' for finance
# Mix It Up
# Mix It Up

Three out of four SMEs don't 'shop around' for finance

Jun 9th 2014, 10:14 AM 4,071 Views 5 Comments

With banks not up to the task, small businesses need to check out the alternatives.

# banking-sector - Tuesday 3 June, 2014

The funding 'hunger march': over half of companies refused bank credit
# SMEs
# SMEs

The funding 'hunger march': over half of companies refused bank credit

Jun 3rd 2014, 10:14 AM 4,578 Views 15 Comments

Banks are ‘sugar-coating’ the acceptance figures, while the Government watches on, ISME said.

# banking-sector - Monday 12 May, 2014

AIB is back in the black
# Return Of The Profit
# Return Of The Profit

AIB is back in the black

May 12th 2014, 10:45 PM 21,156 Views 70 Comments

AIB is back in profit, and has shed some light on how the bank is doing at the moment, but what does it all mean?

# banking-sector - Thursday 1 May, 2014

Chief whip accuses exiting banks of 'slash and burn'
# No Clean Break
# No Clean Break

Chief whip accuses exiting banks of 'slash and burn'

May 1st 2014, 11:22 AM 5,430 Views 9 Comments

Government Seanad chief whip says that foreign banks are damaging the economy.

# banking-sector - Friday 25 October, 2013

ACC Bank restructuring results in 180 job losses
# Banking
# Banking

ACC Bank restructuring results in 180 job losses

Oct 25th 2013, 11:51 AM 6,676 Views 26 Comments

ACC Bank is withdrawing from providing standard banking products.

# banking-sector - Wednesday 23 October, 2013

Five Irish banks included in ECB stress-test plans
# Banking Sector
# Banking Sector

Five Irish banks included in ECB stress-test plans

Oct 23rd 2013, 9:55 AM 5,538 Views 13 Comments

Bank of Ireland, AIB, Merrill Lynch International Bank, Ulster Bank and Permanent TSB have all been named on a list of 128 banks to take part in the process.

# banking-sector - Sunday 29 September, 2013

Five years older and deeper in debt... So why don't the Irish protest more?
# 5 Years On
# 5 Years On

Five years older and deeper in debt... So why don't the Irish protest more?

Sep 29th 2013, 8:30 PM 19,826 Views 115 Comments

In the last few years, there’s been a noticeable decrease in the numbers taking to the streets to voice their anger. We asked the experts — why are the Irish so reluctant to protest?

# banking-sector - Wednesday 18 September, 2013

Taoiseach reveals details of forthcoming banking inquiry
# Banking Inquiry
# Banking Inquiry

Taoiseach reveals details of forthcoming banking inquiry

Sep 18th 2013, 5:50 PM 5,200 Views 40 Comments

Kenny told the Dáil during the Order of Business that it was his view and that of government that there should be an inquiry into the banking crisis.

# banking-sector - Wednesday 4 September, 2013

Ulster Bank says its customer deposits are up 12 per cent since IT meltdown
# Bouncing Back
# Bouncing Back

Ulster Bank says its customer deposits are up 12 per cent since IT meltdown

Sep 4th 2013, 7:30 PM 3,318 Views 12 Comments

The bank’s CEO is insisting such a problem won’t happen again as the “root causes” have been fixed.

# banking-sector - Wednesday 21 August, 2013

Con artists net €30,000 in space of a week using new ATM scam
# ATM Thieves
# ATM Thieves

Con artists net €30,000 in space of a week using new ATM scam

Aug 21st 2013, 7:26 PM 27,529 Views 102 Comments

The thieves are trapping customers’ cards, distracting them, and then replacing the valid card with a stolen or cancelled one.

# banking-sector - Wednesday 5 June, 2013

Increase in AIB's mortgage interest rates takes effect today
# Mortgages
# Mortgages

Increase in AIB's mortgage interest rates takes effect today

Jun 5th 2013, 2:25 PM 8,633 Views 55 Comments

The 0.4 per cent increase in the standard variable rate, from 4.0 to 4.4pc, had been announced in late April.

# banking-sector - Wednesday 24 April, 2013

AIB, EBS and Haven variable rate mortgages to increase from June
# Mortgage Rates
# Mortgage Rates

AIB, EBS and Haven variable rate mortgages to increase from June

Apr 24th 2013, 5:52 PM 12,398 Views 98 Comments

The rate increases vary from 0.25 per cent to 0.4 per cent.

# banking-sector - Monday 17 December, 2012

SMEs remain broadly dissatisfied with Government performance - survey
# Satisfaction
# Satisfaction

SMEs remain broadly dissatisfied with Government performance - survey

Dec 17th 2012, 6:30 AM 5,222 Views 18 Comments

The latest ISME survey of its members shows a slight improvement in satisfaction, but still wide antipathy.

# banking-sector - Tuesday 9 October, 2012

Banks repay €3.3 billion in fees from State guarantee schemes
# Bank Guarantee
# Bank Guarantee

Banks repay €3.3 billion in fees from State guarantee schemes

Oct 9th 2012, 6:45 AM 5,644 Views 9 Comments

New figures show the seven banks covered by the State’s guarantees have returned €3.36 billion so far.

# banking-sector - Friday 24 August, 2012

Deposits in Irish banks up 10 per cent in last year
# Irish Banks
# Irish Banks

Deposits in Irish banks up 10 per cent in last year

Aug 24th 2012, 1:30 PM 3,195 Views 24 Comments

The Department of Finance says increases in deposits at Ireland’s covered banks demonstrate “depositor confidence”.

# banking-sector - Thursday 7 June, 2012

Downgraded: Spain's credit rating slashed by Fitch with negative outlook
# Spain
# Spain

Downgraded: Spain's credit rating slashed by Fitch with negative outlook

Jun 7th 2012, 8:28 PM 2,833 Views 25 Comments

The cost of bailing out Spain’s banks could be as high as €100 billion, the ratings agency warned as it forecast a recession for the rest of this year and next.

# banking-sector - Monday 4 June, 2012

Portugal to pump €6.65 billion into three banks, passes bailout review
# Portugal
# Portugal

Portugal to pump €6.65 billion into three banks, passes bailout review

Jun 4th 2012, 12:13 PM 4,201 Views 15 Comments

One bank – BPI – has confirmed it is to receive €1.5 billion in capital injections.

# banking-sector - Monday 20 February, 2012

Bank of Ireland reports 80 per cent drop in losses
# Bank Of Ireland
# Bank Of Ireland

Bank of Ireland reports 80 per cent drop in losses

Feb 20th 2012, 9:16 AM 2,113 Views 14 Comments

Preliminary results for 2011 show that losses before tax fell to €190m, compared to €950m in the previous twelve months.

# banking-sector - Monday 23 January, 2012

Column: It's the turn of banks to pay a financial transaction tax
# Opinion
# Opinion

Column: It's the turn of banks to pay a financial transaction tax

Jan 23rd 2012, 7:30 AM 15 Views 12 Comments

This week, former trader Nick Leeson says it’s time Enda Kenny stop playing softball with the banks and siding with UK politicians – and focus on getting restitution for his citizens.

# banking-sector - Thursday 6 October, 2011

Government to recapitalise credit unions by as much as €1billion
# Credit Unions
# Credit Unions

Government to recapitalise credit unions by as much as €1billion

Oct 6th 2011, 8:48 PM 663 Views 29 Comments

Finance minister Michael Noonan has also said that the banking sector is now well-placed to deal with any further distress in the economy.

# banking-sector - Wednesday 20 July, 2011

Enda Kenny: Tomorrow's EU summit probably won't strike a big deal
# Eurozone
# Eurozone

Enda Kenny: Tomorrow's EU summit probably won't strike a big deal

Jul 20th 2011, 12:39 PM 347 Views 5 Comments

Enda Kenny says tomorrow’s EU summit probably won’t reach a deal – but France is promising a “strong message”.

# banking-sector - Friday 7 January, 2011

Banks unlikely to need €35bn bailout, says Honohan
# Bailout
# Bailout

Banks unlikely to need €35bn bailout, says Honohan

Jan 7th 2011, 6:45 PM 461 Views 0 Comments

The Central Bank governor says he would be “surprised and disappointed” if the €35bn of bailout cash is actually needed.

# banking-sector - Wednesday 15 December, 2010

New Bill allows for massive State intervention in banks
# Banks
# Banks

New Bill allows for massive State intervention in banks

Dec 15th 2010, 8:49 AM 518 Views 0 Comments

The government will be allowed to appoint new managers, sack directors, and stop future bonuses under a new Bill.

# banking-sector - Tuesday 14 December, 2010

Poll: Would you rather keep your money in a safe?
# Your Say
# Your Say

Poll: Would you rather keep your money in a safe?

Dec 14th 2010, 9:11 AM 586 Views 0 Comments

Sales of safes have rocketed over fears about the banking sector… would you rather keep your cash locked up at home?

US embassy thought Ireland was losing grip on banks - WikiLeaks
# Bank Guarantee
# Bank Guarantee

US embassy thought Ireland was losing grip on banks - WikiLeaks

Dec 14th 2010, 8:09 AM 659 Views 0 Comments

The latest cables: Ireland was “being a bit optimistic” on its thoughts about how it would rein in the banking sector.

# banking-sector - Saturday 11 December, 2010

Banking sector €35bn bailout won't be enough, admits Dukes
# Bailout
# Bailout

Banking sector €35bn bailout won't be enough, admits Dukes

Dec 11th 2010, 10:59 AM 384 Views 0 Comments

Anglo Irish Bank’s chairman tells the New York Times that he believes the current ‘final’ €35bn bailout won’t be enough.

# banking-sector - Monday 6 December, 2010

AIB subordinated bondholders threaten to sue government
# AIB
# AIB

AIB subordinated bondholders threaten to sue government

Dec 6th 2010, 9:38 AM 621 Views 0 Comments

Angry bondholders met on Friday to discuss the prospect of court action if they’re asked to take a second haircut.

# banking-sector - Friday 26 November, 2010

EU/IMF push for bondholders to share Ireland's bailout burden
# Bailout
# Bailout

EU/IMF push for bondholders to share Ireland's bailout burden

Nov 26th 2010, 9:21 AM 580 Views 0 Comments

Europe and the IMF are keen for the private sector to bear some of the burden of the rescue effort.

# banking-sector - Thursday 25 November, 2010

# banking-sector - Wednesday 24 November, 2010

And now, presenting Ireland's largest financial stock: Paddy Power
# Worth A Punt?
# Worth A Punt?

And now, presenting Ireland's largest financial stock: Paddy Power

Nov 24th 2010, 12:53 PM 860 Views 0 Comments

The stock market value of the bookie is now larger than that of any of the main Irish banks.

EU may push for bank levy instead of corporation tax rise
# IMF
# IMF

EU may push for bank levy instead of corporation tax rise

Nov 24th 2010, 10:59 AM 608 Views 0 Comments

Introducing the levy could allow Ireland to save face in Europe – which is particularly important now that the IMF has said it is reluctant to pump money into the Irish banking sector.

# banking-sector - Monday 22 November, 2010

Michael Noonan claims there is a policy difference between IMF and ECB
# Bailout
# Bailout

Michael Noonan claims there is a policy difference between IMF and ECB

Nov 22nd 2010, 10:05 AM 406 Views 0 Comments

The opposition spokesman says that the IMF and ECB do not agree on how to deal with the banks.

# banking-sector - Saturday 20 November, 2010

# banking-sector - Thursday 18 November, 2010

Lenihan admits: Ireland's banks need foreign assistance
# Bailout Republic?
# Bailout Republic?

Lenihan admits: Ireland's banks need foreign assistance

Nov 18th 2010, 9:35 PM 642 Views 0 Comments

The Minister for Finance all but admits that a bailout is needed, saying the banking sector urgently needs funding.

# banking-sector - Friday 12 November, 2010

Financial Services Ombudsman reveals backlog of 3,500 complaints
# Banking Sector
# Banking Sector

Financial Services Ombudsman reveals backlog of 3,500 complaints

Nov 12th 2010, 4:35 PM 360 Views 0 Comments

The watchdog is struggling to keep up with the volume of complaints as a result of the economic crisis.