Depfa Bank in Dublin. Photograph: Cyril Byrne

Dublin-based Depfa Bank plc has been taken over by Germany’s state-owned bad bank FMS Wertmanagement six years after it almost collapsed in the fin(...)

The Irish League of Credit Unions Headquarters on Mount Street in Dublin. The pre-2010 board oversight of Killorglin Credit Union appears to have been astoundingly poor, based upon the evidence presented to the High Court.  Photograph: Frank Miller

It is not the scale of the financial problems revealed on Thursday at Killorglin Credit Union (KCU) that is worrying: it only needed to raise €3.1 mil(...)

The number of mortgages approved rose by 52.8 per cent year-on-year and 6.6 per cent month-on-month, the figures show.

Mortgage approvals have jumped 42 per cent as first time buyers seek to get on the property ladder ahead of the introduction of new lending restrictio(...)

Lithuanian President Dalia Grybauskaite. Photo: EPA/STEPHANIE LECOCQ

EU leaders have backed a plan for more punitive sanctions against Crimea, including a ban on European cruise ships docking in Sevastapol, as Russian p(...)

An investigation into its affairs in 2010 by accountants appointed at the behest of the regulator found that between 2008 and 2010, Kilorglin Credit Union gave out 93 bullet loans worth €3 million.

Killorglin Credit Union (KCU) in Kerry has been subsumed into Tralee Credit Union (TCU) following a High Court application on Thursday by the Central (...)

Speaking at his annual end of year press conference in Moscow, the Russian president Vladimir Putin pledged to push through long delayed reforms to reduce his country’s risky dependence on energy export earnings.

Vladimir Putin has warned that Russia could face up to two years of hard times before its embattled economy rebounds. Speaking at his annual en(...)

Nama chief executive Brendan McDonagh told members of the Public Accounts Committee on Thursday that  there are 122 developers in Nama who are currently drawing a salary

The National Asset Management Agency (Nama) has once again rejected claims that it is too soft on developers who borrowed too much during the boom.Nam(...)

The Central Bank on October 9th issued a consultation paper on mortgage lending to ensure that recent history is not repeated, and that a property bu(...)

Almost half of all applications for loans from SMEs were for working capital requirements

Banks are now more willing to lend to Small and Medium-sized enterprises (SMEs) than previously, according to new figures from the Central Bank. The S(...)

The North Wall Quay site is next to the proposed new headquarters of the Central Bank of Ireland

The National Asset Management Agency (Nama) has named Oxley Holdings as the preferred bidder for a key 2.35 hectare site at 72-80 North Wall Quay, nex(...)