The total level of assets in Greek bank-sponsored loan securitisation vehicles registered in Ireland has grown from €700 million to €31.7 billion since the third quarter of 2018, the Central Bank says. Photograph: Getty Images

Ireland, home of Europe’s biggest banking crisis, has emerged as key to helping Greek banks shift problem loans off their balance sheets in recent yea(...)

AIB’s chief executive Colin Hunt (left) with chief financial officer Donal Galvin. File photograph: Shane O’Neill

AIB chief executive Colin Hunt and his chief financial officer, Donal Galvin, spent much of their first year at the helm working on a three-year strat(...)

Frances Fitzgerald MEP asked the European Banking Authority to consider reintroducing regulatory flexibility for industry-wide payment breaks. Photograph: Brian Lawless/PA Wire

The head of the European Banking Authority (EBA) said the watchdog’s decision in September not to extend guidelines for blanket Covid-19 payment break(...)

Households who received loans during the boom years between 2004 and 2008 accounted for 53%  of all mortgage payment holidays, by far the highest grouping. Photograph: iStock

Taxpayers still galled at having to commit €64 billion to Irish banks during the financial crisis will be all too familiar with how the scale of losse(...)

MEP Frances Fitzgerald: “Banks must be accommodative and proactive to people’s needs and ability to make repayments.” Photograph: Brian Lawless/PA

The European Banking Authority (EBA) may need to look again soon at reintroducing guidelines for blanket loan payment breaks if the economy deteriorat(...)

Borrowers facing fresh financial problems as the Government tightens Covid-19 restrictions are being urged to contact their lenders.

Borrowers facing fresh financial problems as the Government tightens Covid-19 restrictions are being urged to contact their lenders to secure relief o(...)

Debt ratings agency DBRS Morningstar surveyed payment breaks granted in 11 European countries. Photograph: iStock

Irish households and businesses secured the second-highest level of payment breaks from banks at the height of the coronavirus pandemic across a group(...)

People queue outside an AIB Bank in Dublin city centre. Executives at the bank have been encouraged by the number of households who are now back on their feet financially following the Covid hit to the economy. Photograph: REUTERS/Jason Cairnduff

Eamonn Crowley, the new chief executive of Permanent TSB (PTSB), has been pleasantly surprised by how many borrowers have to be coming off Covid-19 l(...)

About 86,000 homeowners availed of the mortgage-payment breaks, but by late August about half had returned to normal repayment procedures, with about 43,000 still availing of the relief. About 86,000 homeowners availed of the mortgage-payment breaks, but by late August about half had returned to normal repayment procedures, with about 43,000 still availing of the relief.

The State should offer financial assistance to homeowners struggling to meet their mortgage as a result of Covid-19, a consumer advocate has said, ami(...)

About 86,000 homeowners availed of the mortgage-payment breaks, but by late August about half had returned to normal repayment procedures, with about 43,000 still availing of the relief.

The State should offer financial assistance to homeowners struggling to meet their mortgage as a result of Covid-19, a consumer advocate has said, ami(...)

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