Nationwide Building Society

179 results

The Drumcondra site forms part of a larger plot being sold by the Catholic Archdiocese of Dublin to the GAA.
GAA to get €105m from Hines for part of site it is buying for €95m

The GAA is set to receive €105 million from selling on part of a site close to Croke Park that it is buying for €95 million. US commercial property(...)

Former Irish Nationwide Building Society managing director Michael Fingleton. Photograph: Cyril Byrne
INBS handed out 100%-plus loans before the crash, inquiry hears

About 30 per cent of Irish Nationwide Building Society’s (INBS) commercial property loans had been given to property developers for more than 100 per (...)

Michael Fingleton jnr worked closely with INBS’s one-time UK head, Gary McCollum, who was based in Belfast, in managing the group’s UK €4.4 billion loan book up until early 2010.
Michael Fingleton jnr fails to appear at INBS inquiry

Michael Fingleton jnr, son of the former managing director of Irish Nationwide Building Society (INBS), failed to turn up at a scheduled appearance be(...)

PTSB paid a record fine of €21m following Central Bank investigation on overcharging. Photograph: Bryan O’Brien
Tracker scandal: AIB drives increase in tracker cases to 40,100

The Central Bank’s final report on the tracker mortgage fiasco showed that the number of impacted customers grew by 300 cases in the first five months(...)

The proceedings initiated by developer Paddy McKillen, above, are ‘largely identical’ to a case that was launched by debt campaigner David Hall against the Minister for Finance in 2017. File photograph: Yui Mok/PA Wire
Paddy McKillen sues Government over IBRC wind-up costs

Property investor Paddy McKillen has taken a legal case against the Minister for Finance, Paschal Donohoe, for failing to have proper oversight over t(...)

The inquiry heard that the nature of the profit-sharing agreements exceeded INBS’s normal appetite for risk and left it more exposed during the downturn
INBS credit risk unit ‘raced from crisis to crisis’ before crash

Irish Nationwide Building Society’s (INBS) credit risk department was “racing from crisis to crisis” before the financial crash and had no role in ass(...)

Karlin Lillington: “We need to talk about the kind of city we want before more tech firms arrive”
INBS’s €6bn developer loans, why Silicon Docks is killing Dublin, and how AI could be fatal

Former Irish Nationwide Building Society managing director, Michael Fingleton, approved over €6 billion worth of property loans on which the lender su(...)

Michael Fingleton at Blackhall Place, Dublin, earlier this year. Photograph: Dara Mac Dónaill/The Irish Times
Former INBS director approved billions in profit-sharing loans

Michael Fingleton, the former Irish Nationwide Building Society (INBS) managing director, approved billions of euro in property loans on which the len(...)

Central Bank of Ireland building. When IBRC was put into liquidation 2013, the State handed over government bonds to the Central Bank to replace the emergency loans. Photograph: Alan Betson
Central Bank’s €17bn profits from crisis fighting a mirage for taxpayers

Being the lender of last resort during the financial crisis has, without doubt, been the Central Bank of Ireland’s most profitable work. Ever. Last (...)

QIL was set up in 1996 by businessman Seán Quinn and went into administration in early 2010. Photograph : Matt Kavanagh
Quinn Insurance inquiry to begin public hearings next week

A Central Bank inquiry into alleged regulatory breaches at Quinn Insurance Limited (QIL)will commence public hearings next week. The company collapsed(...)

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