The Guinness Storehouse at St James’s Gate Brewery in Dublin is one of Ireland’s top tourist attractions. Photograph Tim Clayton/Getty Images

State-backed incentives for domestic tourism could unlock up to €6 billion for the domestic economy and aid the recovery of service-based small and me(...)

The value of mortgage drawdowns in the final three months of last year reached its highest quarterly level since the fourth quarter of 2008

First-time buyers accounted for over half the value and volume of mortgages approved in February, according to a report from the Banking and Payments (...)

Property investors accounted for less than 1 per cent of all those who completed the purchase of a property with a mortgage last year. File photograph: Rui Vieira/PA Wire

Property investors accounted for less than 1 per cent of all mortgage drawdowns in 2020, indicating a sharp move away from buy-to-let mortgages to fun(...)

David Dalton, partner and head of financial services at Deloitte Ireland: “The challenges in 2020 highlighted the critical role of innovation across all sectors.”

The Deloitte Financial Services Innovation Awards, which recognise pioneers in the sector, are to return after a break last year. The awards, which ra(...)

Brian Hayes, CEO Banking & Payments Federation Ireland. Photograph: Alan Betson

Mortgage drawdowns in the fourth quarter of 2020 increased 6.6 per cent in value to its highest level in 12 years, but they dropped almost 1 per cent (...)

Traditional banks are facing a threat to their card and payments operations from challenger platforms, such as UK fintech operators Revolut and Monzo and Germany’s N26. Image: iStock

The group of Irish banks seeking to set up an instant money-transfer app to take on the likes of Revolut and N26 have committed almost €5.9 million of(...)

Revolut, the UK-headquartered main digital platform in the Irish market, was only established in 2015 and claims to have already picked up about 1.2 million Irish users since its launch here in 2019. Photograph: Getty Images

A plan by a group of Irish banks to set up an instant money-transfer app to take on the likes of Revolut and N26 has hit a stumbling block, as the Com(...)

Mortgage lending to first-time buyers has increased by 15 per cent. File photograph: Cyril Byrne/The Irish Times

With record numbers seeking mortgage approval, and stricter restrictions from today on property viewings, pent-up demand for limited stock is set t(...)

Permanent TSB is among the banks that have grouped together to plan an app to counter the threat posed by the likes of Revolut and N26. Photograph: Alan Betson / The Irish Times

The group of Irish banks seeking to set up an instantaneous money-transfer mobile app to take on the likes of Revolut and N26 have selected Italian(...)

Asylum seekers legally entitled to open bank accounts, IHREC says

Asylum seekers are legally entitled to open a bank account and should be allowed to do so using their Temporary Residence Certificate (TRC) for identi(...)

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