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Saturday 23 September 2023 Dublin: 13°C

# Lending

All time
Growth sector: AIB unveils €500m farm fund
Growth predicted for dairy sector in particular once quotas are removed.
More businesses are being turned down for bank loans, says ISME
54 per cent of companies who applied for funding in the last three months were refused credit by their banks.
Column: Fears surrounding the IBRC mortgage book are overhyped
Some IBRC mortgage holders have concerns about about being left without protection if the Government proceeds with the sale of their loans abroad – but they shouldn’t be, writes Karl Deeter.
Credit unions critical of Central Bank's "anti-competitive" lending rules
The Central Bank has confirmed that rescheduled mortgages are not subject to the same restrictions as credit union loans.
Trial date for Seán Fitzpatrick and former Anglo execs to be set shortly
Proceedings are expected to last between three and six months.
Almost 50,000 mortgages have now been restructured
The Department of Finance’s latest figures shows the number of accounts in arrears has fallen since October last year.
German bank's low interest loans set to benefit Irish SMEs
German bank KfW will be giving out loans at interest rates lower than SMEs can currently access with Irish banks.
Over €31 million in deposits were taken from Newbridge CU in 18 months
New documents released by the Central Bank show that a number of the loans at the credit union were in danger of failing.
One third of SMEs don't understand their energy bills and 86 per cent don't know how to lower them
AIB has announced it will be offering loans aimed at making businesses more energy efficient.
Newbridge Credit Union taken over by Permanent TSB
The Central Bank applied to have the credit union taken over by the state-backed bank, but campaigners say they will take the case to Europe.
Permanent TSB looks to raise €500 million for mortgage lending
The bank will attempt to defy a stagnant housing market by attracting new investors to a mortgage-backed security.
360,000 people using moneylenders - Central Bank report
A report from the Central Bank has found that there has been no significant change in the moneylending sector since 2007.
AIB and Irish Mortgage Holders Organisation to establish third-party advice body
The bank will give an unconditional grant of €150,000 to the IMHO to facilitate discussions between borrowers and the lender.
Bank credit to businesses continues to fall
The latest Central Bank review says that there is tight lending conditions for businesses.
Irish banks becoming less reliant on ECB
Our share of ECB funding is now just 5.4 per cent compared to 26.5 per cent immediately after the bailout in November 2010.
Howlin: It's very worrying that banks aren't taking the Ombudsman seriously
Brendan Howlin was responding to the criticism of the banks by the Financial Ombudsman yesterday.
Banks loaned just €3m to scientific research SMEs since 2010
The SME sectors that fared the best as regards loans over the last three years were agriculture and property investment and development.
Just 90 loans approved by government scheme for small businesses
The Department of Jobs, Enterprise and Innovation said it is working to promote greater awareness of the scheme in the business community.
Bank of Ireland launches another €2 billion fund for first time buyers
The bank said that the fund is being rolled out in response to existing and anticipated demand for mortgages.
Bank of Ireland says it gets more than 1,000 new loan applications every week
The bank says it is giving out a lot more loans to small and medium-sized businesses than it was a year ago.
Permanent TSB wants to lend you money for education and cars
The bank said today that this return to the personal lending market is part of a broader plan to resume normal banking services.
Column: 'The Anglo tapes are shocking, but I can't say I'm surprised'
Having worked in the financial sector, I know arrogant attitudes are commonplace in finance – which is why the Anglo tapes don’t surprise me one bit, writes Carol Redmond.
Micheál Martin: 'There is no mystery about what happened on the night of the bank guarantee'
The Fianna Fáil leader has defended the actions of his predecessors in an interview this morning.
Contain your shock: Irish homes are borrowing less and less
5Central Bank data shows household lending fell by 4.5 per cent in the twelve months to May 2013.
Property sector accounts for almost half of outstanding business loans
Lending to both small and large businesses in this sector continued to fall over the the last year.
St Vincent de Paul warns of 'potential money lending crisis'
The society has said that its members are becoming increasingly alarmed at the prevalence of money lenders.
AIB 'on track' to achieve target pre-provision operating profit
The bank says that, after setting funds aside to provide for bad debts, it should return to operating profit for the full year 2013.
Permanent TSB to overhaul mortgage interest rates for new customers
From this week, interest rates will vary for new customers depending on the amount they borrow and the value of the house.
Central Bank regulator: Half of small business loans are impaired
Fiona Muldoon says many small businesses have properly-related loans – and are struggling to keep up with repayments.
ECB borrowing by Irish banks at lowest level since September 2008
Having reached its peak immediately after the bailout November 2010, the share of the total ECB funding by banks is now 6.3 per cent.
Half of proceeds from State assets sale must pay down debt - Troika
The government is keen to use all of the money from the sale of State assets in “one shape or another” to fund job creation initiatives but the Troika appears more focussed on reducing the debt.
The Evening Fix... now with added Ireland seen from space
Here are the things we learned, loved and shared today.
Permanent TSB says it will increase lending fivefold this year
Permanent TSB says it will significantly increase lending for mortgages and personal loans in 2013.
Banking sector saw rise in deposits, decline in lending in 2012
Deposits from insurance corporations and pension funds also saw an increase last year.
Column: Four years of crisis, and still no clear deal on mortgage debt
The failings of Government to take simple steps to help mortgage holders has caused further damage – and the Insolvency Bill is by no means our saviour, writes David Hall.
Mortgage approvals up 27 per cent overall on last year - IBF
However the volume of new mortgages is still down significantly when compared with the years 2005 and 2006 – and the future abolition of mortgage interest relief is causing anxiety.
Committee to discuss “conflicted reports” on bank lending
The Oireachtas Committee on Jobs, Enterprise and Innovation will cover the topic as part of its discussion on lending to small business today.
Taoiseach: Banks know what government wants them to do
Enda Kenny said that the personal insolvency legislation coming in next year would help those in mortgage distress as yesterday’s comments from the Central Bank’s Fiona Muldoon dominated proceedings in the Dáil.
Credit union loans down 10 per cent
The Irish League of Credit Unions said the decline is due to a “severe lack of demand and continued restrictions on lending”.
Column: Miracle on O’Connell St – what the Clerys rescue says about Ireland
An institution was saved – which just goes to show how badly Irish homeowners are being treated in comparison, writes Arthur Doohan.