Irish business sentiment has reached its highest level in eight years, with almost 60 per cent of firms reporting an increase in business activity over the summer months. Photo: Bloomberg

PAMELA NEWENHAMIrish business sentiment has reached its highest level in eight years, with almost 60 per cent of firms reporting an increase in busine(...)

The KBC Bank Ireland/ESRI Consumer Sentiment Index rose to 92.8 from 87.1 in August, as all the main components of the index recorded monthly gains. Photograph: Dominic Lipinski/PA Wire

Irish consumer sentiment rose to its highest level since January 2007 in September, as greater optimism in relation to Irish economic prospects and a (...)

Ulster Bank’s chief executive Jim Brown: at the time of the half-year results, Ulster Bank’s chief executive Jim Brown said:
“Impairment losses have improved by 89 per cent.   Photograph: Dave Meehan

Royal Bank of Scotland is expected to commit itself to Ulster Bank’s business in the Republic when it publishes its third quarter results at the end o(...)

The European Central Bank. Photograph: Boris Roessler/EPA In total, 127 banks across Europe are being tested. In Ireland, the costs will be met by AIB, Bank of Ireland, Ulster Bank, Permanent TSB, KBC Bank Ireland, ACC, Merrill Lynch International and Depfa.

Eight banks in Ireland will have to pay €17.6 million between them to meet the costs of the comprehensive assessments that have been conducted this ye(...)

The construction sector was the only notable exception to the trend for subdued costs. Photograph: Alan Betson

Irish companies reported “steady rather than spectacular” increases in activity in the second quarter, according to the latest business sentiment ind(...)

Ulster Bank will be closing branches

A report by stockbroker Davy yesterday captured the challenge facing Royal Bank of Scotland to find a solution for its Ulster Bank subsidiary in the R(...)

KBC said around a third of all transactions carried out by customers are valued at less than €15

KBC Bank Ireland has introduced new contactless debit and credit cards for consumers. The cards, which are limited to transactions of €15, enable cust(...)

KBC’s Irish operation made a loss last year of €864 million, almost three times that in 2012. Photograph: Bryan O’Brien

Belgian financial institution KBC appeared to rule itself out yesterday from any interest in a link-up with Ulster Bank in the Republic as part of (...)

“Unless a private equity white knight comes riding over the hill, it could end up being a case of as you were [for Ulster Bank]. At least until 2016.” Photograph: Frank Miller

We now know that whatever comes of Royal Bank of Scotland’s strategic review of Ulster Bank, it won’t involve KBC Bank Ireland. At least not until (...)

The link between home value and debt level ‘important when framing budgetary considerations’, say the ESRI and Central Bank. Photograph: Alan Betson

Household spending is more affected by house prices and changing debt levels in Ireland than in other countries, according to new research. As (...)