Patrick Honohan arriving at the  Oireachtas banking inquiry in January. He later wrote asking to ‘rephrase’ some of his comments. Photograph: Alan Betson

The banking inquiry is set to recall Central Bank governor Patrick Honohan to reappear before it because of his written request to amend evidence he g(...)

John Fitzgerald, research affiliate at the ESRI, said that the ESRI did not draw the connection between the growth of a property market bubble and the risks to the Irish financial system. (Photograph: Alan Betson / The Irish Times) 2:06

The ESRI failed to forecast the financial collapse in 2008, economist John FitzGerald told the Oireachtas Banking Inquiry today.He said the ESRI did n(...)

Figures from the Department of Finance show almost 95,000 loans in arrears. Photograph: Frank Miller/The Irish Times

The level of owner-occupied and buy-to-let mortage arrears in Ireland continues to decline, according to latest data from the Department of Finance. T(...)

New Central Bank rules for mortgage lending should be introduced on a graduated basis, Property Industry Ireland  has recommended. Photograph: Matt Kavanagh

A key property industry lobby group has urged the Central Bank of Ireland to modify proposed new rules for mortgage lending. In a submissi(...)

Business journalism winners:  Ciarán Hancock, John McManus, Pamela Newenham and Mark Paul.

The Irish Times has won four of the categories in the UCD Michael Smurfit Graduate School of Business wards for business journalism. Mark Paul and Cia(...)

Ulster Bank returned to profit in the first half of this year, for the first time since the crash in late 2008.

Ciarán Hancock, Finance Correspondent Ulster Bank has informed staff today of its plan to close its business hubs in Dublin and Limerick, in a move th(...)

The Minister for Public Expenditure and Reform Brendan Howlin announced yesterday that the Government would contribute €1.5 billion in exchequer funding by 2017.

The Government plans to build 10,000 social housing units by 2018 as part of a €2.2 billion capital investment package that could include private sect(...)

Deutsche Bank has engaged with potential investors in Permanent TSB with the goal of trying to return the maximum capital possible to the taxpayer while ensuring stability for its borrowers

Permanent TSB, the State-owned lender which has received a €2.7 billion bailout from the taxpayer, has asked Deutsche Bank to test the capital markets(...)

Killeshin Hotel, Portlaoise, one of the eight hotels in Ireland up for sale as part of Nama’s  ongoing wind-down of loans and assets.

The National Asset Management Agency (Nama) is planning to put another eight hotels in Ireland up for sale as part of its ongoing wind-down of loans (...)

US billionaire investor Wilbur Ross surprised the markets yesterday by announcing his intention to sell his remaining 5.5 per cent stake in Bank of Ireland. Photograph: Bloomberg

US billionaire investor Wilbur Ross surprised the markets yesterday by announcing his intention to sell his remaining 5.5 per cent stake in Bank of Ir(...)