Borrowers who have not availed of payment breaks to date have until the end of September to apply. Photograph: iStock

Homeowners and other borrowers who availed of loan payment breaks of up to six months during the Covid-19 crisis are being urged to engage with their (...)

Permanent TSB chief executive Eamonn Crowley. Photograph: Alan Betson

Permanent TSB’s new chief executive said almost half of its 10,500 mortgage borrowers who availed of three-month payment breaks at the height of the c(...)

Banks are currently engaging with customers that have availed of payment breaks to assess how many will not be able to return to regular payments at the end of six months. Photograph: Jose Luis Gonzalez/Reuters

More than a quarter of the €22 billion borrowed by small and medium-sized businesses in the Republic is now subject to payment breaks to help companie(...)

When banks agreed in mid-March to offer payment holidays on loans, they were relying on EU banking rules which stated that non-accrual of interest is taken as a sign a borrower is unlikely to repay a loan, and should be classified as being in default. Photograph: iStock

The Republic’s five retail banks have confirmed they will continue to apply interest to loans subject to payment breaks during the Covid-19 crisis, ev(...)

The European Banking Authority  published a report on payment breaks which clarified that loans would not have to be reclassified as being in trouble if a bank stopped applying interest during the period of relief.  Photograph: Getty Images

Irish banks’ insistence that they must charge interest on 80,000 mortgage loans during payment holidays has been undermined by new guidance from Euro(...)

Are consumers saving themselves on bank charges by avoiding the ATM?

Have you heard the one about the cashless society? Like the paperless office – feasible. After years of modernisation in the debit card business and (...)

Almost 80,000 mortgage borrowers have availed of industry-wide Covid-19 payment breaks since they were first announced on March 18th. Photograph: iStock.

Keeping up with mortgage payments will be a priority for many households throughout this crisis. But with so many incomes plunging or ceasing complete(...)

The number of mortgage payment breaks granted by Irish lenders increased by  20 per cent in less than a month.

Banking and Payments Federation Ireland (BPFI) said 78,000 mortgage payment breaks have been granted by Irish lenders as a result of the Covid-19 cri(...)

Posturing since the last election passed the 100-day mark last Monday. Photograph: Ben Stansall/AFP via Getty

Just months after the Republic crawled in late 2013 out of an international bailout programme precipitated by the property crash, one of voices that c(...)

The pandemic’s impact has eclipsed problems – including an income squeeze from low interest rates, concerns over Brexit and a dysfunctional housing market – that had long had Irish bank shares trading at a discount to European peers.  Photograph: Nick Bradshaw

On Saturday, March 14th, two days after Taoiseach Leo Varadkar announced the closure of schools and called for outdoor mass gatherings to be cancelled(...)

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • Next
  • Last »