An AIB branch in Dublin’s city centre. AIB is one of four Irish banks seeking to launch a new digital payments service. Photograph: Jason Cairnduff/Reuters

Four of the biggest banks operating in the Irish market are joining forces to launch an instantaneous digital payments app that they hope will help th(...)

The international banking sector accounted for one quarter of all corporation tax paid in Ireland last year, at €2.5 billion. Photograph: Bryan O’Brien / The Irish Times

Bankers in the International Financial Services Centre in Dublin received €812 million in wages last year, an increase of more than 22 per cent, accor(...)

The jump in HTB applications corresponds with a surge in mortgage approvals. Photograph: iStock

A record number of first-time buyers have applied for the Help to Buy incentive so far this year, as renters, returning emigrants and those still livi(...)

From June to November, Revenue received 10,869 applications for the Help to Buy scheme; up 45 per cent on last year. Photograph: iStock

Here’s a statistic to startle; more than 3,500 would-be first-time buyers applied for the Help to Buy incentive in October to help them buy a new home(...)

New figures showing a 30.3 per cent drop in the number of home loans drawn down.

The Covid-19 pandemic has had a significant impact on the housing market, with new figures showing a 30.3 per cent drop in the number of home loans dr(...)

The Economic and Social Research Institute  predicts that in the short term, as State pandemic income supports are unwound, demand will decrease in the housing market. Photograph: Jason Alden/Bloomberg

The State should increase its investment in social and affordable housing now to offset a future supply crunch caused by Covid-19, according to the Ec(...)

“You are hounding everybody, so no comment and goodbye,” said guest Loman Dempsey when contacted. Illustration: iStock

More than 80 guests attended an Oireachtas Golf Society dinner in the Station House Hotel, Clifden, Co Galway, last Wednesday at a time when Governmen(...)

Chief executive of the Banking and Payments Federation of Ireland Brian Hayes: “[Banks] have a fundamental responsibility to lend in this environment, but they cannot do reckless lending.” Photograph: Alan Betson

Several Irish lenders have introduced tighter checks and stricter conditions on mortgages for those in receipt of Covid-era wage subsidies. In some i(...)

The Banking & Payments Federation of Ireland says people drew down 11,794 mortgages in the three months to the end of September 2019. Photograph: Aidan Crawley/Bloomberg

Almost 12,000 people borrowed more than €2.6 billion to buy homes in the three months to the end of September, the latest figures show. According to (...)

The latest figures have led forecasters to downgrade their estimates of mortgage borrowing for the full year.

The drawdown of mortgages by borrowers, and approvals for new mortgages, are running ahead of last year’s levels. But the figures for June have falle(...)

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