Central Bank deputy governor Ed Sibley expects a “minority” of banks’ customers will need forbearance arrangements once payment breaks expire. File photograph: Nick Bradshaw

Ireland’s main retail banks will need to book “significantly more” provisions this year relating to the Covid-19 financial impact on their borrowers, (...)

The number of mortgage payment breaks granted by Irish lenders increased by  20 per cent in less than a month.

Banking and Payments Federation Ireland (BPFI) said 78,000 mortgage payment breaks have been granted by Irish lenders as a result of the Covid-19 cri(...)

Permanent TSB, the last of the State’s banks to return to profit after the financial crisis, is set to slide back to a loss this year. Photograph: Alan Betson

Permanent TSB (PTSB), the last of the State’s banks to return to profit after the financial crisis, is set to slide back to a loss this year as the Co(...)

A pedestrian in Dublin’s shut-down city centre. Unlike during the last crisis, Irish banks have much higher levels of capital to absorb shock losses. Photograph: Gareth Chaney/Collins

Ireland’s banks, who were at the epicentre of financial crisis over a decade ago, may be relieved that they’re not the cause of the current economic t(...)

The Central Bank said that borrowers availing of extended breaks will not be classified as having missed payments on its Central Credit Register. Photograph: Alan Betson

The Central Bank will press lenders to use extended Covid-19 loan payment breaks to work on and offer longer-term restructuring solutions to borrowers(...)

PBFI  is urging the Government to improve its Covid-19 working capital loan scheme. Photograph: Nick Bradshaw

Banking and Payments Federation Ireland (BPFI) has called on the Government to set up a scheme offering up to 90 per cent guarantees against lending t(...)

Leading Irish wealth managment group Davy has agreed a three-year sponsorship with The Irish Times for its weekly podcast, Inside Business with Ciarán Hancock.

Irish wealth manager Davy Group has signed a three-year sponsorship deal with The Irish Times for its leading weekly podcast, Inside Business with Cia(...)

The Central Bank of Ireland is placing an emphasis on requests for firms to file specific data relating to issues thrown up as they deal with the coronavirus crisis. Photograph: Alan Betson

The Central Bank has granted banks, fund managers and insurers brief respite in meeting deadlines for a series of regular regulatory reports, as super(...)

Suddenly another 45,000 accounts, and counting, are at risk of default. File photograph: The Irish Times

The decision by the Banking & Payments Federation Ireland to open talks with regulators on extending the time frame for mortgage-payment breaks fo(...)

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