Irish League of Credit Unions Headquarters on Mount Street. Some 92 per cent in their ability to identify and report on financial performance. Photograph: Frank Miller

A large number of credit unions in Ireland believe the risk-assessment system operated by the Central Bank does not reflect the performance-based re(...)

Bank of Ireland: Davidson Kempner outbid Oaktree Capital Management for the so-called National Portfolio.

US investment group Davidson Kempner has won the race to acquire a portfolio of retail parks brought to market by Bank of Ireland. The bank is believ(...)

All social welfare payments are exempt from USC, along with income that is subject to the Dirt tax.

Minister for Finance Michael Noonan has announced a number of changes to the Universal Social Charge (USC). This includes increasing the entry thresh(...)

The income threshold up to which the home-carer can earn has been increased by €2,120 in the Budget by Minister for Finance Michael Noonan.

The home-carer tax credit is to increase by €190 to €1,000 per year to help single-income married couples with children or who care for an elderly or (...)

“The scale of the levy over the period is equivalent, for example, to the cost of the new National Children’s Hospital,” Michael Noonan said.

The bank levy is to be extended to 2021 in a move that will raise €750 million for the exchequer. Minister for Finance Michael Noonan said a review w(...)

 At the Dublin Chamber of Commerce annual dinner last night were:  Greg Clarke, president of the chamber, Bernard Byrne, chief executive of AIB, Gina Quin, chief executive of the chamber  and Jo Malone, the perfume entrepreneur.  Photograph:  Conor McCabe Photography

AIB will be in a position to repay a “very sizeable chunk” of capital to the State in the “not too distant future”, its chief executive Bernard Byrne (...)

 Chair of the Banking Inquiry, Ciaran Lynch TD, at Leinster House, Dublin, in early October 2015. File photograph: Gareth Chaney/Collins

(...) the end of June. The inquiry, chaired by Ciarán Lynch of the Labour Party, was this week granted an(...)

Denis O’Brien: Called off the initial public offering  at the 11th hour after investors declined to meet his valuation of the business. Photograph: Matt Kavanagh

As Denis O’Brien tells it, he woke up yesterday morning feeling “very happy” at his decision on Tuesday night to pull Digicel’s planned $2 billion (€1(...)

Denis O’Brien: was trying to sell an IPO for a heavily indebted telecoms company whose revenues have flatlined in the past couple of years. Photograph: The Irish Times

(...)’s growth story remains strong. He’ll need to sharpen his sales pitch to pull it off. Twitter: @CiaranHancock(...)

Denis O’Brien has pulled the potential $2 billion flotation of his telecoms company Digicel. Photograph: Reuters

Irish businessman Denis O’Brien has scrapped the potential $2 billion flotation of his Caribbean and Pacific islands telecoms company Digicel less tha(...)