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(...)

In spite of repeated attempts, Rob Wright declined to offer a view on whether it was acceptable for the European Central Bank to decline a request to attend the inquiry.

Day two of the banking inquiry. This time its was the turn of Canadian Rob Wright to face nearly four hours of questioning from the committee about a (...)

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 (...)

Finnish academic and finance expert Peter Nyberg, arriving at the opening of the banking inquiry  at Leinster House. Photograph: Eric Luke / The Irish Times

Sinn Féin’s Pearse Doherty expects the public will be frustrated by what they see, while Fianna Fáil’s Michael McGrath believes there will be no “eart(...)

Finnish  finance expert Peter Nyberg will appear at the Oireachtas banking inquiry when it starts its first public hearing on Wednesday. Photograph: Bryan O’Brien/The Irish Times

Finnish academic and finance expert Peter Nyberg, author of a 2011 report on the banking debacle, will be the first person to face questions at the Oi(...)

Central Bank governor Patrick Honohan:  has said there will be slippage in timetable for introducing mortgage rules. Photograph: Brian Lawless/PA Wire

Now that we know for sure where the Department of Finance stands on the Central Bank of Ireland’s proposed limits to mortgage lending, it will be v(...)

It could take a married couple of teachers almost five years to save a 20 per cent deposit to purchase ahome valued at €241,000 under the Central Bank’s proposed mortgage lending rules.

Mortgage insurance, stress tests, a freeze on current lending practices and a longer lead-in time are some of the suggestions being proposed as an alt(...)

Patrick Honohan, governor of the Central Bank of Ireland: The average rate being charged by Irish banks is 4.51 per cent rather than the 3.47 per cent that has been stated previously in official figures. Photograph: Dara Mac Dónaill/The Irish Times

The appearance last week of Central Bank of Ireland governor Patrick Honohan before the Oireachtas finance committee was both revealing and somewhat d(...)

Minister for Finance Michael Noonan has also said the mortgage proposals from the Central Bank should be softened. Photograph: Aidan Crawley

A senior advisory group to Taoiseach Enda Kenny has said new mortgage proposals from the Central Bank will make it difficult for first-time buyers (...)

Former secretary general of the Department of Finance John Moran said a balance sheet for the domestic banking sector effectively ‘didn’t exist’ in 2010. Photograph: Alan Betson/The Irish Times

There was effectively no balance sheet available to give an overview of the Irish domestic banking sector as late as 2010, the former secretary genera(...)