Central Bank

146 results

“Credit unions are not banks,” said one Minister, adding that they usually “look after” people who may usually have difficulty accessing credit from banks. Photograph: Colin Keegan/Collins

Proposals brought before Cabinet this week to allow credit unions to expand their business by offering higher-risk loans led to concerns from a number(...)

The Central Bank “is supportive of credit unions prudently engaging in long-term lending as part of a balanced loan portfolio”. Photograph: Frank Miller

The Central Bank has said it supports a relaxation of its rules so that credit unions have more room to manoeuvre in the mortgage market, but warned t(...)

Paschal Donohoe: “Accountability means not only being responsible for something but also ultimately being answerable for one’s actions.” Photograph: Julien Behal Photography

The Minister for Finance, Paschal Donohoe, has said he plans to introduce laws early next year to give the Central Bank more powers to make top banker(...)

Irish League of Credit Unions headquarters on Mount Street,  Dublin. A recent Central Bank report found assets in Irish credit unions have reached a record high of €17.2bn

The scale of what credit unions can do in terms of lending to small and medium-sized enterprises and the issuing of mortgages to house hunters is “sev(...)

A desire to achieve greater gender balance at the ECB is seen as working in Sharon Donnery’s favour.  Photograph: Nick Bradshaw

Sharon Donnery is getting closer to becoming the euro zone’s top bank supervisor as she and her two competitors prepare for scrutiny by MEPs and the E(...)

Central Bank deputy governor Ed Sibley said banks “must have a way of dealing with” non-performing loans. Photograph Nick Bradshaw

Central Bank deputy governor Ed Sibley has said it is a “legitimate and necessary approach” for banks to sell off bad loans to boost their financial s(...)

The leadership of the Single Supervisory Mechanism will change on January 1st. Photograph: Reuters

The European Central Bank’s next big appointment will cast a shadow that’s long enough to influence who succeeds Mario Draghi as president. Applicati(...)

Central Bank data shows a decrease in standard variable rates for new mortgage drawdowns on private homes.

The Republic continued to have the highest average interest rate for mortgages across the euro zone in June, new figures from the Central Bank show. (...)

Michael Fingleton objected to the inquiry hearing submissions in September because that’s his “holiday month”. File photograph: Alan Betson

Former Irish Nationwide Building Society (INBS) managing director Michael Fingleton has admitted he failed to read internal audit reports at the socie(...)

The inquiry is in its first phase, looking at allegations that the credit committee failed to adhere to its terms of reference. Photograph: Alan Betson

Irish Nationwide Building Society’s former head of commercial lending, Tom McMenamin, has conceded that agendas for credit committee meetings at the l(...)

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