With Ulster Bank and now KBC Bank poised to leave the Irish market, how competitive will financial services be? File photograph: Nick Bradshaw

Just a few hours after KBC Bank’s announcement on Friday, talk began of the competitive lacuna that will be left in its wake if it is to proceed with (...)

One major benefit to an energy retrofit is that a higher BER  generally translates to a higher resale value of the property. Photograph: Getty Images

Credit unions are to get additional funding of up to €10 million for a scheme to finance the retrofitting of homes. The Credit Union Development Asso(...)

Credit unions had just €27 out on loan for every €100 of assets at the end of September. Photograph: Collins

A surge in household savings during Covid-19 saw Irish credit union deposits rise 7 per cent to €16.3 billion in the year to September, adding to the (...)

Credit unions estimate  up to 100,000 of their  members may be in a situation  where they are or will experience loss of income due to coronavirus

Credit unions have urged the Government to introduce regulatory changes to allow them to better respond to members affected by the Covid-19 crisis. T(...)

Photograph: iStock

Up to €10 million is expected to be loaned to credit union members for a new home improvement funding scheme this year. The ProEnergy Homes scheme w(...)

Senator Rose Conway-Walsh (SF) said people were paying moneylenders ‘extortionate fees’, ahead of making mortgage repayments. File photograph:  Dara Mac Donaill

Easing caps on rates credit unions can charge would help tackle the “open season” of high-interest moneylenders operating across the country, credit u(...)

Credit unions want greater flexibility to set their own business models. Photograph: Colin Keegan/Collins Dublin.

The Minister for Finance Paschal Donohoe is set to press ahead with plans to allow credit unions to hike up the cost of the loans they offer their cus(...)

Central Bank  headquarters: credit unions need to invest in new technologies in order to compete with challenging new entrants to the market, according to the bank. Photograph: Niall Carson/PA Wire

Credit unions need to invest in new technologies in order to compete with challenging new entrants to the market, according to the Central Bank. Pat(...)

New home loans advanced by credit unions in 2016 amounted to just €37.1 million out of a total of €6.7 billion. Photograph: Miguel Medina/AFP/Getty Images

The Credit Union Development Association (CUDA) held its AGM last weekend at the Breaffy House Resort in Co Mayo. With 12 full members, CUDA is the (...)

Under the existing rules, credit unions are permitted to invest in a range of specified classes.

The Central Bank of Ireland is planning to review the regulations around how credit unions can invest their members’ funds, in a move that could open (...)

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