Bank of Ireland’s data shows the number of 15- to 19-year-old customers  using contactless payments increased 290 per cent year on year in February.

Dublin accounts for 43 per cent of volume of contactless payments

INM’s chief executive, Robert Pitt, had his annual bonus substantially cut last year, to €87,000 from €218,000 in 2015, the media group’s annual report reveals. Photograph: Bryan Meade

Media group reveals financial links between directors and company and Denis O’Brien

Bank of Ireland chief financial officer Andrew Keating and chief executive Richie Boucher at the bank’s EGM in Dublin on Friday. Photograph: Brenda Fitzsimons

Volume of new mortgage lending rose 30 per cent in first quarter of 2017, bank says

KBC Bank: from May 2nd, KBC will lower its two-year, three-year and five-year fixed mortgage rates for those with a loan-to-value ratio of between 80 and 90 per cent

Bank hopes to draw customers by increasing sum paid to mortgage switchers to €3,000

 Niall Gaffney (left), CEO, John Mulcahy, chairman,  and Pat McGinley, company secretary,  at the IPUT agm in Dublin

Property fund expects to pay out €100m a year in dividends over next decade

AIB chairman Richard Pym speaking at the  agm in the RDS Concert Hall, Dublin. Photograph: Dara Mac Dónaill

Day-to-day trading is gathering momentum but a number of legacy issues are unresolved

Richard Pym said AIB’s record on dealing with tracker mortgage redress was ‘another stain’. Photograph: Bryan O’Brien

Richard Pym said breaches came at time when bank had ‘eye off the ball’

AIB CEO Bernard Byrne addressing the AIB agm on Thursday.  Photograph: Dara Mac Donaill

Bank chief says four key elements are in place for a share offering

AIB flotation: Michael Noonan said the snap UK election would not derail plans to sell a 25 per cent stake. Photograph: Clodagh Kilcoyne/Reuters

Don’t use IPO proceeds to pay off public debt, whatever EU rules say

AIB said a “comprehensive risk mitigation programme” has been put in place to resolve all of the issues. Photograph: Cyril Byrne

Regulator: bank failed to ensure suspicious activity reported

Brian Hayes: “Putting money aside now makes sense.” Photograph: Dara Mac Dónaill

‘By 2060 there will be one pensioner for every two workers,’ MEP warns

David Wallace: played 203 times for Munster,  72 times for Ireland and earned three  Test caps with the British and Irish  Lions

Provincial stalwart David Wallace appointed business development manager for region

Ervia is the holding company for Gas Networks Ireland and Irish Water.

Payment from Irish Water’s holding company follows sale of Bord Gáis Energy

The application will involve the demolition of all of the existing buildings at the Dublin 2 location, which include a garage and the well-known Ned’s pub

Investment group Tetrarch lodges €65m planning application

Goldman Sachs bought ‘Project Cypress’ loans portfolio from AIB. Photograph: Bloomberg

Bank will write to the 1,200 borrowers informing them of loan sale next week

Fianna Fáil TD Dara Calleary. Photograph: Eric Luke

Caveat: Dara Colleary asks Michael Noonan to account for the cash

Cantor Fitzgerald  has agreed to maintain the RaboDirect  fee structure for 12 months. Photograph: Getty

Dutch bank exiting Irish investment market offers funds transfer to Cantor Fitzgerald

 Permanent TSB branch office. Photograph: Alan Betson

Bank seeks High Court approval to transfer €330m in preparation for 2019 payout

Minister for Finance Michael Noonan. Photograph: Dara Mac Dónaill

Noonan says up to 100 of former bank’s mortgage holders could be affected

Leslie Buckley, chairman INM: Its net debt of €426.8 million has been turned into a cash pile of almost €85 million. Photograph: David Sleator/The Irish Times

While its digital strategy has flip flopped and newspaper circulation has declined, in terms of its indebtedness, INM is unque(...)

The Central Bank of Ireland plans to introduce a number of measures to make it easier for borrowers to switch their mortgages to another lender to reduce the cost of their loans.

Due to complexity, just 4% of borrowers have moved home loans to new lender

Liam Hanly succeeds Conor Whelan and his priority is €7.5m investment plan to 2020

Denis O’Brien. Photograph: Reuters

Deal for Denis O’Brien’s mobile phone company worth up to $60m

The minutes of the Central Bank commission meeting also note that the sale of the bank’s former headquarters on Dame Street closed in January for €67 million

Other executives also getting rises due to unwinding of agreement on public sector pay

Workbench branch: “We’ve seen great ideas formed simply from guys sitting beside each other,” says Gavin Kelly of Bank of Ireland. Photograph: Dara Mac Dónaill

Move to digital enabling cost-conscious lenders try ‘workbench branches’

Philip Lane, governor of the Central Bank, at Leinster House. Photograph: Cyril Byrne

Loosening of mortgage rules may be a factor in price rises – but it’s far from the only one

 Richard Barrett: he and New York-based investment group Avenue Capital have launched a €200 million fund for commercial property. Photograph: Bryan O’Brien

Real Estate Loan Management (Relm) will lend between €1m and €25m over five years

Andrew Langford, former chief executive of FBD, received €16,300 a month for his work, which was termed in the report as “commercially sensitive”. Photograph: Dara Mac Dónaill

Irish insurer’s annual report shows current CEO Fiona Muldoon paid almost €900,000

Shane Lowry: said Bank of Ireland’s support in recent years had been “terrific” for him and he was “delighted” to extend the relationship.

Irish golfer prepares for US Masters with backing that will last until end of 2019

Governor of the Central Bank Philip Lane said it  would review house price data in November. Photograph: Eric Luke / The Irish Times

Central Bank head says lenders “failed their customers” by denying them tracker rates

Details of the Irish Nationwide accounts were disclosed in a parliamentary question reply from the Minister for Finance Michael Noonan. Photographer: Jasper Juinen/Bloomberg

Taxpayers could face bill for redress of up to 29,000 affected Irish Nationwide customers

US president Donald Trump: set to meet Chinese president Xi Jinping. Photograph: Stephen Crowley/The New York Times

CRH, Paddy Power Betfair, Kingspan and Smurfit Kappa all decline in Dublin trading

The Central Bank of Ireland has appointed Bernard Sheridan as acting deputy governor with responsibility for financial regulation with effect from April 8th.

He takes over from Frenchman Cyril Roux and will fill the role until the autumn

In Dublin, just 2,800 properties were advertised for sale in January, down 30 per cent year on year, according to analysis by Sherry FitzGerald. Photograph: iStock

Analysis finds investors exiting market and 47 per cent of buyers in 2016 used cash

This deal makes CityJet Bombardier’s largest European CRJ900 aircraft customer. Photograph: Getty Images

Deal valued at $467m brings number of CRJ900 aircraft in Irish airlines’s fleet to 22

The Lloyd’s building in London. The world’s specialist insurance market, has decided to plump for either Luxembourg or Brussels and not Dublin for its EU hub after Brexit. Photograph: Neil Hall/Reuters

Central Bank less willing to look for loopholes to attract financial firms to Dublin

Irish man John Hourican has had his contract as group chief executive of Bank of Cyprus extended until December 31st, 2018. Photograph: Misha Friedman/Bloomberg

Irish banker’s decision takes him out of running for job as Bank of Ireland CEO

The Central Bank said that it had received five applications for authorisation from insurance or reinsurance undertakings

Teams to handle authorisation queries from banking, insurance and investment firms

The Central Bank plans to split the EEA insurers into three categories, for the purposes of determining the size of each firm’s levy. Photograph: Matt Kavanagh

Move designed to defray costs of increased oversight of overseas insurers in Ireland

France’s minister for the economy, finance and industry Michel Sapin (left), with Michael Noonan, said it supported the Border issue being given priority status. Photograph: Cyril Byrne

French finance minister supports EU negotiation team giving Border issue priority status

IP Telecom will provide Radius with a full suite of services, including number portability and international reach. Photograph: Getty Images

Dublin-based company has heavily invested in its own cloud-based telephone system

The research says  public servants in Ireland are  better paid on average than their counterparts in many other European countries

Davy report says difference does not take into account pension entitlements

Rory McIlroy at  the Irish Open at Carton House: The “Satellite Account for Golf in the Republic of Ireland”  report found that €94m was spent on club membership. Photograph: Alan Betson

Report finds that golf chips in €93m in VAT and corporation tax receipts to exchequer

  “Off the Ball” presenters, with sports editor Adrian Barry (third from left)  and Eir’s group sponsorship manager John Anslow (right). Photograph: Maxwells

Popular radio sports show secures 12-month deal believed to be worth €500,000

 Minister for Finance Michael Noonan has indicated that the first window of opportunity for an IPO of AIB shares is May or June of this year

Fees will be recouped from AIB if initial public offering of shares goes ahead

Richie Boucher: variously described as driven, committed, focused, resolute, and hardworking. Photograph: Aidan Crawley

Highly regarded chief executive led Bank of Ireland out of post-bailout wilderness

Richie Boucher will remain in his role as Bank of Ireland chief executive until a successor is found. Photograph: Aidan Crawley

Chief executive who led bank through recession says time is right to hand over baton

27/04/2010 NEWS  Bank of Ireland and ICS were required to reinstate the tracker rates set out in the original loan documentation, and to pay redress.  Photograph: Eric Luke

Why did it take the Central Bank so long to get on top of this issue?

Brian Hayes: “It is reassuring to know   Single Supervisory Mechanism is closely watching the hunt for business arising out of Brexit.”   Photograph: Alan Betson

Brian Hayes calls for level playing field in bids by rival centres to gain jobs post-Brexit

The Department of Finance has appointed Citigroup Global Markets, Goldman Sachs International, Goodbody Stockbrokers, JP Morgan and UBS as bookrunners for an IPO, and Investec Bank as co-lead manager.  Photograph: Reuters

Partial initial public offering may take place within months; State likely to offer 25% stake

Staff were informed of the bank’s plans on Thursday and have been told that the redundancies will be voluntary-led

FSU union describes branch closures and 220 job cuts as ‘shocking’

Shane O’Sullivan has been with PTSB since 2000 Photograph: Fennell

O’Sullivan previously managed bank’s non-perfoming loans

The Central Bank can fine lenders up to €5 million in relation to the tracker issue.

Central Bank identifies nearly 10,000 account holders affected by tracker issue

Garda number-plate recognition: first phase would involve insurers providing insured and uninsured vehicle lists to An Garda Síochána based on an existing database. Photograph: Cyril Byrne

Technology to detect uninsured drivers on Irish roads not widespread for two-plus years

Martin McGuinness. The late former  deputy first minister of Northern Ireland campaigned to avoid Brexit. Photograph: Gareth Chaney/Collins

Outcome McGuinness campaigned to avoid likely to worsen dysfunctional economy

AIB CEO Bernard Byrne and Tánaiste Frances Fitzgerald at the launch of the AIB and Irish Life report, “Growth and Governance in the Nonprofit Sector”. Photograph: Shane O’Neill

Report on €10bn sector, rocked by scandals, finds strong governance and plans to expand

Bank of Ireland (UK)’s  after-tax profit was reduced by 13 per cent to £164m in the  year to the end of December.

Bank of Ireland’s profits in Northern Ireland rise sharply in 2016 to £50m up from £7m

Mount Wolseley: the price is almost twice the €7.5 million paid by Tetrarch Capital (then  Brehon Capital) on behalf of  investors when it was acquired out of examinership in 2014

Hotel, spa and golf course on the market with another €1.75m sought for 16 four-bed lodges

Davy expects pretax profit of €148 million for PTSB in 2019, down from €178 million previously. Photograph: Alan Betson

Stockbroker reduces profit forecast due to lower than expected impairment writebacks

The biggest deal  of 2016 involved the sale of the former Burlington Hotel, known as the Double Tree by Hilton, for €182 million to German asset manager Deka Bank

New research shows €182m sale of former Burlington Hotel was biggest of 51 deals

PAC chairman Seán Fleming at the publication of the committee’s report on Nama’s  Project Eagle sale. Photograph: Cyril Byrne

Agency fails to recognise process failures or respond with humility to the PAC report

Minister for Finance Michael Noonan has expressed confidence in Nama, despite the findings of a PAC report. File photograph: Gareth Chaney/Collins

Minister also defends his meeting with Cerberus ahead of deadline for Project Eagle bids

 Pictured at   Enterprise Town launch in Birr Co Offaly were  David Merriman,  Bank of Ireland, Owen Finn, Shannonbridge Pottery, Mary Walsh-Kinsella , Castle Courtyard Cafe and Kevin Mahon  My Tee Print and Embroidery. Photograph: Seán Curtin/True Media

Initiative designed to boost economic activity and foster networking in local areas

INM titles the Herald and the Sunday World both recorded steep declines in their newspaper circulations in the second half of 2016. Photograph: Frank Miller

Irish media group will hire tabloid platform editor to lead new seven-day newsroom

Agile will move its operations into PlanNet21’s building in Citywest in Co Dublin as part of the deal. Photograph: Google Street View

MD of Dublin tech solutions company hopes to double turnover within three years

European Commission has said that Irish banks’ stock of non-performing loans “remains high and shows signs of stickiness”. Photograph: Thierry Roge

European Commission says resolution of loans needs to ‘regain momentum’

No remuneration was paid during the year by Ballymore Residential to founder Sean Mulryan. Photograph: Alan Betson

Ballymore Residential closes the year with net liabilities of just more than €62m

AIB has a 1 per cent market share in the UK, which accounts for 11 per cent of its operating profit. Photograph: Cyril Byrne

Move is designed to improve efficiency and focus with 180-200 staff set to exit bank

AIB: The bank predicts that new mortgage lending in Ireland will normalise at about €10bn in the coming years, for a market of 25,000-30,000 newly built houses a year. Photograph: Nick Bradshaw

Bank wants to reduce non-performing loans from €14bn to €3-4bn over next three years

GAA star Jonny Cooper helps Dublin sponsor AIG launch a new  jersey in 2016. The insurer has decided to make Luxembourg, not Ireland,  its European base post-Brexit. Photograph: Stephen McCarthy/Sportsfile

Announcements promised as insurer opts for Luxembourg base

Permanent TSB chief executive Jeremy Masding said the bank had a “bias not to do repossessions”. Photograph: Dara Mac Dónaill

Bank’s full-year results for 2016 show after-tax loss of €266 million

The new system will  see insurance companies sharing data on insured drivers with gardaí. File photograph: Bryan O’Brien

Automatic number plate checks begin in September, says Minister

Speaking to ‘Inside Business’, an ‘Irish Times’ podcast, Ed Sibley, the Central Bank’s director of credit institutions, said the data on women in senior positions “reflects quite a poor picture”.

Regulator’s head of credit supervision says data ‘reflects quite a poor picture’

AIG Ireland is based in the IFSC. Dublin finished as runner-up to Luxembourg as the insurer’s choice of location for its post-Brexit European regional headquarters. Photograph: Bryan O’Brien

AIG Europe chief tells Government insurer will continue focus on growth in Ireland

Permanent TSB: Some 13,000 mortgage customers remain in arrears and default and repossessions or a portfolio sale are unpalatable options for a bank that is still majority State owned. Photograph: Alan Betson/The Irish Times

A small bank in a small market, PTSB punches below its weight in new lending

Permanent TSB chief executive Jeremy Masding: he received an increase of 11 per cent or €50,000 in his total remuneration last year, according to the bank’s annual report published on Wednesday. Photograph: Dara Mac Dónaill/The Irish Times

Increase of 6% in salary to €425,000 still leaves remuneration within Government cap

Permanent TSB said on Wednesday it made a “headline” profit before exceptional items and tax of €188 million. This included a €29 million gain on the sale of its stake in Visa Europe.  (Photograph: Alan Betson / The Irish Times)

State controlled bank booked €414m in disposal and restructuring costs last year; bank says it won’t pay dividend in 2017

 Allied Irish Bank: 99.9 per cent owned by the taxpayer.  Photograph: Paul McErlane/Reuters

Minister’s priority is to achieve best price for the State, but there will be no hard sell

The banks have argued that there was no standard approach to the calculation of APRs, which are an illustrative rate used in advertising. Photograph: Bryan O’Brien

Central Bank reviewing AIB, Bank of Ireland, KBC and Permanent TSB

The Government plans to sell shares in AIB to small investors as well as institutions as part of its initial public offering of stock in the bank, which could happen as early as May or June this year.

Retail investors would have to pay at least €10,000 to participate in bank’s IPO

Permanent TSB, which is 75 per cent State owned, has confirmed the appointment of Robert Elliott as its next chairman with effect from March 31st

Elliott succeeds Alan Cook who is retiring from 75% State-owned bank after six years

Ulster Bank: has already closed a large number of branches since the crash. Photograph: Nick Bradshaw

Branch closures in Northern Ireland also believed to be under consideration

Moody’s says that under the revised mortgage-to-rent scheme,  investors can buy back more properties from  borrowers, who in turn can  achieve certainty of occupancy through  long-term leasing. Photograph: Rui Vieira/PA

Revised scheme can benefit investors and struggling borrowers, says ratings agency

Fitch said Bank of Ireland’s asset quality was better than AIB’s, reflecting its “lower stock of impaired loans and its better-performing UK residential mortgages”.

Move hinges on asset quality and capitalisation continuing to improve

The State is expected to offer 25 per cent of AIB’s shares to institutional investors. Photograph: Nick Bradshaw

Bank has pre-tax profit of €1.7bn and is ready for stock market listing, says chief executive

Colin Morgan, new CEO at Key Capital

Finance firm’s cofounder Killeen to stay on as group’s chairman

 Fiona Muldoon, chief executive of FBD Insurance: “Understanding and pricing risk means you need enough data to do it properly.” Photograph: Eric Luke

‘Premiums will stay high for as long as the level of court awards are as high as they are’

Chief financial officer Mark Bourke and chief executive Bernard Byrne at the announcement of AIB’s annual results in Dublin on Thursday. Photograph: Nick Bradshaw

Analysis: Political developments could hold up State’s plan to sell 25% of bank

AIB chief executive Bernard Byrne has apologised to customers for failures relating to tracker mortgages. Photograph Nick Bradshaw

No increase for pensioners of the bank in spite of five-year moratorium expiring

AIB chief executive Bernard Byrne: his basic salary increased by 4.3 per cent to €500,000, the maximum allowed under the Government’s salary cap

Chief executive Bernard Byrne’s total payment rose to €600,000 last year

Photograph: Cyril Byrne

Michael Noonan says results confirm view that 2017 is appropriate time to consider IPO

The Central Bank’s move is designed to avoid a repeat of the chaos that followed the collapse of Malta-regulated Setanta Insurance in 2014 and Gibraltar’s Enterprise Insurance last year, leaving €100 million in unpaid claims. Photograph: Matt Kavanagh

Central Bank says insurers must inform consumers if they are not incorporated here

Moody’s expects Bank of Ireland to continue to maintain “conservative” capital levels through earnings generation and “prudent” capital management.

Bank’s results for last year showed 16 per cent decline in pre-tax profit to €1 billion plus

FBD’s  motor customers have been hit with premium rises of 50 per cent over the past three years. Photograph: Barry Batchelor/PA Wire

High time Government tackled big ticket items that could affect underlying issue

Fiona Muldoon, group chief executive of FBD: “We did get a little lucky.” Photograph: Alan Betson

Insurer is back in the black after a mild winter, but CEO Fiona Muldoon is cautious

Bank of Ireland CEO Richie Boucher said he expects to increase new lending from the €13 billion in 2016, but the bank faces headwinds from Brexit and from rising costs. Photograph: Frantzesco Kangaris/Bloomberg

Analysis: Disappointment as no dividend announced despite pre-tax profit of €1bn

Directors’ remuneration at Bank of Ireland increased by 2 per cent to €2.87 million last year

Bank chief received €958,000 last year with decline in pension payment

Bank of Ireland has reported an underlying profit of €1.07 billion in 2016, according to full year results published Friday. The bank said all of its divisions were profitable during the year

Bank signals that ‘modest’ dividend will be paid next year for 2017 period

Comptroller and Auditor General Séamus McCarthy: said that, for most public bodies, financial statements should be presented for audit within two to three months of the end of the accounting period. Photograph: Frank Miller

Education and training boards had high level of arrears, C&AG report reveals

Michael O’Leary, pretending to be an undertaker, protests the official opening of Dublin Airport’s Terminal 2  on November 19th, 2010. Photograph: Matt Kavanagh

Whether built privately or publicly, another terminal would take air traffic from regions

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