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Ireland’s ratio of non-performing loans remains well above the EU average of about 5 per cent.

Ireland’s main banks are considering new ways to shift loans in trouble off their balance sheets as they face mounting pressure from the European Cent(...)

A poster campaign by the Independents4Change group, in Dublin.

You might have noticed a media and advertising campaign by Minister for Social Protection Leo Varadkar in recent weeks, asking people to report welfar(...)

Document said the Central Bank has “individually posed certain queries to some (if not all) credit firms”. Photograph: iStock

The Central Bank has started to examine whether mortgage lenders mishandled some borrowers who have availed of the most popular form of debt restructu(...)

The former Permanent TSB loans comprised a subprime mortgage business, known as Springboard, which the bank sold in 2014 as it shed unwanted assets. Mars Capital paid about €250 million for the Springboard loans. Photograph: Alan Betson

One of the biggest overseas buyers of Irish mortgages following the banking crisis, Mars Capital, is poised to refinance €332 million of former Irish (...)

Jack Nealon’s pub on Capel Street in Dublin is set to close next month. Image: Google Maps.

Staff of Jack Nealon’s, the well-known Dublin pub in business for more than a century, have reacted with shock at the upcoming closure of the bar at t(...)

 Bernie Madoff: “He stole more money than anyone in history, and to other thieves, this makes him a hero.” Photograph: Shannon Stapleton/Reuters

Donald Trump doubters are not the only ones sceptical about the sustainability of the ongoing bull market. Stocks are expensive: can they get even pri(...)

Permanent TSB group overcharged 1,372 tracker mortgage customers over several years. Photograph: Alan Betson

Permanent TSB has been left to pay a €4.5 million fine imposed by the Central Bank against the lender’s former subprime unit for overcharging tracker (...)

US private equity firms Cerberus and Oaktree were among firms preparing bids before a deadline late on Tuesday for a portfolio of loans being sold by (...)

The loans were being sold at a deep discount to their original value. Photograph: Cyril Byrne/The Irish Times

US private equity firm Oaktree is understood to have won the race to acquire two portfolios of laons from the National Asset Management Agency with a (...)

The National Asset Management Agency raised its lifetime surplus forecast to €2.3bn after reporting its net profit had soared almost 300% last year to €1.8bn. Photographs: The Irish Times

Some of the profits from the National Asset Management Agency (Nama) may be used for a so-called rainy day fund to shore up the State finances against(...)

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