Central Bank

Amount exchanged hit a low in 2020

Dematerialisation was spoken about for many years but has now arrived in the Irish market

Central Bank governor sounds alarm over potential impact on corporation tax revenues, if US policy discourages investment here

Buyers take on more debt as home prices soar

Decision on lead case raises doubt about ability to enforce surcharge interest clauses over loan defaults

More than one in four loans that had got back on track after previously being in arrears were again behind in their payments at end of 2024

Internal Department of Housing report set out 10 selected 2024 forecasts, with all but two below 40,000

Almost 90% of deposits are in `overnight’ accounts compared to 55% in euro area

The best news, analysis and comment from The Irish Times business desk

First quarter level of available second hand homes now at lowest since 2007

Economics professor Alan Ahearne had previously served as adviser to Micheál Martin

Banking and Payments Federation Ireland cites inefficiencies in critical infrastructure

Martin says McDonald's 'feigned outrage' ignores his comments about housing being Ireland’s number-one issue

Surge took place against the backdrop of inflation and an increasingly tight labour market after worst of pandemic

More than 1,500 high-net-worth individuals saw their pension plans upended by fraudulent activity of investment firm

Few developers cater to the market for single people and banks often require higher deposits

Most are customers of non-bank lenders, but are unable to switch to cheaper bank finance, says an Oireachtas report

Details of the amount of the alleged fraud were not disclosed but it is understood to be in the region of €130,000

Increase in global trade tensions or a ‘fundamental change’ in US trade policy pose ‘significant downside risk’ to Irish economy

Firm failed to put effective arrangements in place to detect and report suspicious transactions, Central Bank said

Derville Rowland set to move to new agency based in Frankfurt

Central Bank among three purchasers of 91-acre landbank next to M50 motorway

Who is responsible when verification goes wrong?

Despite a new measure by ComReg, Irish consumers are set to remain vulnerable to scammers and won’t have the same protections and supports that exist elsewhere

Onerous liquidity and capital reserves rules remain in force and continue to handcuff the sector

Bank faces hit of up to €3.5 million over goodwill payments as result of latest overcharging gaffe

Irish households put an additional €6.9bn into savings with banks and other financial institutions in 2024 compared with 2023

Mortgage interest rates at ICS and other pure non-bank lenders continue to generally be more expensive than mainstream banks

Homeowner wants to know if paying off their mortgage at this stage will lock them out of any chance of a refund or compensation

More than 100,000 suspicious transaction reports to Revenue and Garda in last two years

‘Little chance’ of achieving plan to build 300,000 new homes by 2030

Lenders are required to give the Central Credit Register details of all loans over €500 and you have the right to see your record

Five board positions at the Anti-Money Laundering Authority up for grabs

Lender’s share of new mortgages has slid from 25% to 13.4% in recent times

Regulator’s report also suggests State is struggling to rein in emissions from agriculture or get the necessary uptake in electric vehicles

Increase in domestic card spending could be attributable to Black Friday effect and early Christmas shopping

Labour Force Survey data suggests job switching is ‘important mechanism for wage growth’, especially in tight labour markets

Regulator also claims Government should be diverting more of these receipts into State’s two long-term savings funds

Little change in savings rates, monthly survey shows, while rates on non-mortgage borrowing jumped