NTMA cuts Irish State target for loans to €8bnSuccess in raising €3.75bn at low rate sees figure loweredWed Jan 08 2014 - 01:00
Ireland hoping for rating upgrade as Moody’s reviews status later in monthRatings agency is only one to hold State at sub-investment grade despite troika exitWed Jan 08 2014 - 01:00
NTMA has done well but let’s not get carried awayBond sale marks a turnaround but it is still adding to our interest billWed Jan 08 2014 - 01:00
Google spends €65m for third property on Barrow StreetNama sells four Dublin office buildings for €165m, a 37.5% premium on guideTue Jan 07 2014 - 01:00
Irish Banking Federation presents protocol for SMEs with debt difficultiesBanks sign up to framework for small businesses with debts of €250,000 to €10mTue Jan 07 2014 - 01:00
NTMA to test markets with €3bn bond issueState needs to get into pattern that shows ‘regular access’, says debt agency chiefTue Jan 07 2014 - 01:00
Sweet deal as GAA and Cadbury launch chocolate barMoro GAA bar will be distributed exclusively in shops operated by Musgrave groupFri Jan 03 2014 - 10:45
GAA hoping to keep ball rolling for commercial opportunitiesAssociation will launch a chocolate bar with CadburyFri Jan 03 2014 - 01:18
State’s sale of Bank of Ireland shares will bolster exchequer, says NoonanDisposal of shares has yielded almost €2bn to be held initially in the National Pensions Reserve FundSat Dec 28 2013 - 01:00
American Ireland Fund chief Kieran McLoughlin paid $619,000 in 2012Total remuneration for chief executive represents 5.6% increase on previous yearFri Dec 27 2013 - 01:01
Moran Hotel Group writes down €406m on value of property and in goodwillCompany left with an after-tax loss of €353.7m for the year to the end of January 2012Fri Dec 27 2013 - 01:00
Wifi provider Bitbuzz increases revenues by 13%Founder Shane Deasy says company will consider selling up if the right deal emergesFri Dec 27 2013 - 01:00
Are we there yet? Well, no but we are moving onThe main banks are moving closer to profitability, but that does not mean our financial woes are overFri Dec 27 2013 - 00:01
Ciarán Hancock’s Christmas QuizIt’s time for our business quiz of the year and time for you to enter for your chance to win two great prizesTue Dec 24 2013 - 01:01
AIB sells Ark Life unit to UK’s Guardian Assurance for estimated €350 millionGuardian buying closed book with €4 billion in assets and 270,000 policyholdersTue Dec 24 2013 - 01:00
Mortgage buyer Pepper Asset Servicing books profits on Woodchester loansAustralian group buying Irish loansMon Dec 23 2013 - 01:01
Dairymaster to create 20 jobs at headquarters in KerryAnnouncement made at Christmas so that emigrants visiting home can learn of available roles in dairy equipment manufacturerMon Dec 23 2013 - 01:01
Nama bosses give PAC lots of intrigue but no smoking gunNama top guns give Oireachtas committee robust defence of agency in face of unseen allegationsSat Dec 21 2013 - 01:00
Sale of CityJet to Germany’s Intro Aviation set to close early next yearCompanies say deal provides for ‘ongoing commercial co-operation’ with Air FranceSat Dec 21 2013 - 01:00
Liberty pays €100 million for IBRC’s 49% stakeLiberty Mutual Insurance Group had right to buy out IBRC within three to five yearsFri Dec 20 2013 - 01:06
Hotel group reduces debt burden by €500mMoran Hotel group, including Red Cow complex, in financial restructuringFri Dec 20 2013 - 01:01
Brown Thomas planning €9m makeoverRetailer also plans to invest €850,000 to expand online offering next summerFri Dec 20 2013 - 01:00
Danke Bank staff accept recommended redundancy termsIrish Bank Officials Association members agree to accept terms recommended by independent mediator Martin KingFri Dec 20 2013 - 01:00
Three former bankers on fraud chargesThree remanded on bail until March while trial unlikely to be heard during next yearThu Dec 19 2013 - 01:14
AIB to outsource clearing departmentAbout 90 staff in line to transfer to BancTec from March 1stThu Dec 19 2013 - 01:00
Three former bankers charged with €7.2bn fraudCase relates to deposits between Anglo Irish Bank and Irish Life & Permanent in 2008Wed Dec 18 2013 - 17:37
McKillen believed to have made complaint over Nama to GardaNama confirms it also made complaints to gardai about former employeesWed Dec 18 2013 - 08:06
It’s going to be a stressful year for Irish bankingThe banks may become profitable again, but that doesn’t mean they’ll lower chargesWed Dec 18 2013 - 01:00
RSA shares fall 7.2 per cent after it puts extra £135m of capital into Irish subsidiaryChief executive Simon Lee steps down as insurer issues another profit warningSat Dec 14 2013 - 01:03
Banks could be the biggest threat to our smooth exit from the bailoutIn the past 18 months, the Government got €4.1 billion back from the financial sectorFri Dec 13 2013 - 01:00
Getting ready for a successful return to the bond marketsThe NTMA’s John Corrigan is cautiously optimistic about Irish plans to tap the marketFri Dec 13 2013 - 01:00
Regulator feared ‘run’ on Newbridge Credit UnionReports claimed it would take credit union six years to replenish capitalThu Dec 12 2013 - 07:51
National Pension Reserve Fund considers sale of €716m private equity holdingsSale of would be part of move towards becoming strategic investment fundThu Dec 12 2013 - 01:00
PTSB confirms higher provision for bad loans after reviewChief executive describes extra provisioning as ‘prudence on prudence’Wed Dec 11 2013 - 10:35
Moody view of Ireland shared by Central BankRatings agency is not alone in its cautious assessment of Ireland’s recoveryWed Dec 11 2013 - 01:01
Arnotts chairman Nigel Blow ‘disappointed’ Ulster Bank sold its €140m loans in store to Fitzwilliam Finance PartnersManagement had submitted bid with backing from retail investment groupWed Dec 11 2013 - 01:01
Ireland’s hopes of rating upgrade hit by negative European outlook from Moody’sAgency says Irish banks among ‘most vulnerable’ to failing stress testsTue Dec 10 2013 - 01:00
AIB fund to help SMEs save on energy costsNew €100m fund to offer discounted loan rates for borrowings of up to €300,000Mon Dec 09 2013 - 13:24
Banks given June deadline over mortgage arrears problemCentral Bank tells lenders to have ‘sustainable solutions’ to 75 per cent of casesFri Dec 06 2013 - 01:00
Noonan’s recovery roadshow goes on but stress tests are a potential speed bumpThe Finance Minister has ticked a lot of boxes but the way ahead is not clear yetThu Dec 05 2013 - 01:10
State to make €2bn from sale of BoI sharesSell-off of 1.8bn preference shares ‘sends all the right signals’, says NoonanThu Dec 05 2013 - 01:00
More work needed on money laundering, says RouxNew deputy governor says “we have a distance to travel in this area”Wed Dec 04 2013 - 22:04
Ciarán Hancock: Stress test reports on banks fall well short on disclosureGiven that the State owns more than 99 per cent of both AIB and PTSB, taxpayers might wonder why they haven’t been as forthcoming about the findingsWed Dec 04 2013 - 11:00
Bank of Ireland fundraising to involve purchase of Government sharesBank will raise more than €500 million in equityWed Dec 04 2013 - 01:00
BoI eyeballs regulator on bad-loan provisionsReasons behind Bank of Ireland’s balance-sheet result are eye-wateringTue Dec 03 2013 - 01:04
Bank of Ireland shares fall over bad loan fearsCentral Bank requires additional €1.3bn provision after balance sheet assessmentTue Dec 03 2013 - 01:02
Further bank integration needed, ECB vice-president tells Dublin conferenceCompliance costs for cross-border banks should be reduced by development of EU single rule bookTue Dec 03 2013 - 01:00
Ireland’s prospects good after bailout exit, Noonan saysResults of Central Bank asset review tests contain ‘no surprises’, Minister claimsMon Dec 02 2013 - 13:36