KBC Bank has denied it has reached an agreement with the Irish Mortgage Holders’ Organisation which would see insolvent borrowers discharged of their debts within three months.  Photograph: Krisztian Bocsi/Bloomberg

KBC Bank has denied it has reached an agreement with the Irish Mortgage Holders’ Organisation (IMHO) which would see insolvent borrowers discharged of(...)

A three-month bankruptcy is  suitable for customers of AIB and KBC Bank who have an unsustainable family home or buy-to-let mortgage and additional other unsecured debt.

AIB and KBC Bank have agreed a deal with the Irish Mortgage Holders Organisation (IMHO) which will allow people to be debt free within three months, t(...)

We need a vision for banking that ensures the events that led up to the bailout don’t happen again.

While we slowly gear up for a banking inquiry early next year by members of the Oireachtas to investigate the events that led to the collapse of the f(...)

Cllr Ruth Coppinger of the Socialist Party. Photograph: Eric Luke

The political consensus has anointed Fingal Cllr Ruth Coppinger of the Socialist Party as the favourite to take the Dublin West seat vacated when form(...)

The Dublin West byelection follows the resignation of Independent  TD Patrick Nulty.

The Government has moved the writs for the two byelections in Dublin West and Longford-Westmeath to take place on May 23rd, the same date as the local(...)

Fianna Fáil finance spokesman Michael McGrath: zoned in on the 4,323 arrears customers facing legal proceedings. Photograph: Brenda Fitzsimons

Ding, ding. Seconds out, round two. The slug-out between the Oireachtas finance committee and the country’s four main home loan providers(...)

Wim Verbraeken: “At the age of 25, I was commanding 200 people as a troop commander in Germany.” photograph: alan betson

Wim Verbraeken spent 14 years with Belgium’s military, including two years as a Nato troop commander in Germany before the Berlin Wall came dow(...)

The card will offer up to 56 days interest-free credit and incorporates new “tap and go” technology that will allow consumers to pay for purchases of €15 or less without a Pin number.

KBC Bank Ireland plans to launch a Mastercard credit card in the coming days as the latest step in its introd(...)

The Irish Mortgage Holders’ Organisation  said it had recently negotiated 97 deals involving customers of Allied Irish Banks that included some form of debt write-down.

A group involved in brokering deals between banks and distressed mortgage holders has reported a sharp increase in activity. T(...)

Under that deal, AIB wrote off €150,000 and allowed the couple, who have two children, to split the outstanding mortgage in two, with €40,000 of it parked.

A further two distressed mortgage holders have been given debt write-offs of more than €140,000 each by Allied Irish Banks in recent weeks, (...)

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