The number of mortgages approved fell by 41.1 per cent compared to March and was down by 46.5 per cent compared with April 2019. Photograph: iStock

New mortgage approvals fell by more than 40 per cent in the first full month of the Government-imposed lockdown, with first-time buyers accounting for(...)

’The banking sector has to come to the table with an instrument that can deal with those who are having short term liquidity (problems),’ the President has said. Photograph: Brian Lawless/PA

President Michael D Higgins has said banks in Ireland are the “big gap” in a collective national effort to survive the coronavirus crisis. During a “(...)

Aanyone experiencing financial difficulties due to the impact of Covid-19 is being advised to contact their bank

Irish banks are working together on a co-ordinated response to support individuals and businesses most affected by the impact of the Covid-19 crisis, (...)

Data from the Banking and Payments Federation Ireland show that first time buyers accounted for 1,590 of the 3,265 mortgages approved last month. Photograph: iStock

First time buyers remained the driving force for new mortgage approvals in January when a total of €744 million worth of home loans were given the gre(...)

European Banking Authority chairman José Manuel Campa (left) who was in Dublin yesterday with Brian Hayes, chief executive of the Banking & Payments Federation Ireland and Martin Merlin, European Commission bank, insurance and financial crime director for a conference on banking regulation. Photograph: Naoise Culhane

The chairman of the European Banking Authority (EBA) has described as “unfortunate” a decision by the European Parliament’s economic affairs committee(...)

Included in the BPFI’s suggestions is a change to insolvency legislation so that a co-debtor could be pursued by a lender if they’re not co-operating. Photograph: iStock

About one in 10 mortgage arrears cases involve borrowers who are separated, the Banking and Payments Federation Ireland (BPFI) estimated as it called (...)

UK prime minister Boris Johnson pledged in his general election manifesto promise to ‘get Brexit done’ by January 31st

Up to 85 per cent of small and medium-sized companies in Ireland are likely to be negatively impacted by Brexit, Banking and Payments Federation Irela(...)

There were 48,968 mortgage approvals overall in the 12 months ending November, valued at €11 billion

More than 4,000 mortgage applications were approved in November, up 2 per cent on the same month a year earlier but 7.4 per cent lower than October, n(...)

A total of 19,856 housing units were commenced in the first nine months of 2019. Photograph: iStock

While the news around housing supply may appear unremittingly bad, there have been some improvements in recent years in relation to new homes at least(...)

Banks are slowing coming round to making it easier to open an account. File photograph: Getty

The world of personal banking has seen a revolution in recent years. A whole host of fintechs have emerged to take on traditional banks, offering digi(...)

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