Firms had tightened lending conditions and increased interest rates amid ECB hikes
Finance Ireland
Analysts mark down profit expectations for Irish lenders as interest rate dynamics mean lower return on excess savings and more competition
Figure contained in a letter sent this week by Central Bank deputy governor Derville Rowland to Sinn Féin finance spokesman
New initiative will allow account holders to switch to mainstream banks to escape higher interest charges
Framework will allow more people to save money by switching from credit service providers to mainstream banks
Lenders were initially slow to pass on the uptick in interest rates to customers here but have now begun to catch up
But bank saw decline in UK and international corporate lending during the period
Mapping Ireland’s Bank Closures: More than a third of bank branches have closed since 2008 and the future seems likely to hold more of the same
Price comparison website Bonkers.ie says moves by lenders to hike rates will lead to a fall in property prices
Business Today: the best news, analysis and comment from The Irish Times business desk
Borrowers who have received loan offers have until April 17th to close on current rates
Lender is in process of withdrawing from market in the Republic
Non-bank lender says it will increase variable rate products by 1 per cent from March 16th
Appointment follows Laurence Flavin's decision to leave medical device company
YOU MAY ALSO LIKE...
How does a post-Brexit world shape the identity and relationship of these islands
Inquests into the nightclub fire that led to the deaths of 48 people
Weddings, Births, Deaths and other family notices