David Duffy

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AIB chief executive David Duffy: said the objective of the ECB’s banking strategy was to secure lending to the SME sector. Photograph: Gareth Chaney/Collins

The head of our largest bank, State-owned AIB, was asked yesterday about the recent comments by economist Morgan Kelly on the threat SME debt p(...)

Fianna Fáil deputy Michael McGrath,told the Oireachtas Committee on Finance, Public Expenditure and Reform that not all of the people concerned would lose their homes, but many of them will. Photograph: Alan Betson / The Irish Times

Legal proceedings have been initiated or threatened against more than 31,000 people who are in (...)

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(...)

AIB chief executive David Duffy said that the bank will have completed the “significant majority” of SME restructures by the end of 2014. Photograph:Alan Betson/The Irish Times

AIB today said that it approved € 4.3 billion in credit facilities to 32,000 small and medium sized enterprises (SMEs) in Ireland, with a 92 pe(...)

David Duffy (left), Chief Executive, and Myles O’Grady, Director of Finance , at the presentation of the AIB Annual results, at Ballsbridge, Dublin.  Photograph: Eric Luke / The Irish Times

The Department of Finance is to tender for corporate advisers to assist it in developing a strategy for the State’s shareholdings in the domest(...)

AIB Headquarters in Ballsbridge Dublin. Photograph: Bryan O'Brien

It has been a tale of two banks and their chief executives this week, with AIB and Bank of Ireland both releasing their 2013 annual results. (...)

David Duffy (centre), chief executive, with Fergus Murphy (left) director of products and capital markets and Myles O’Grady, director of finance at the presentation of the AIB Annual results  at Ballsbridge, Dublin. Photograph: Eric Luke / The Irish Times

AIB chief executive David Duffy said yesterday the bank had not sought the reinstatement of bonuses from the Government earlier this year, but had (...)

Losses at AIB fell 55 per cent last year on the back of reduced operating expenses and loan impairment charges. Photo: Alan Betson/The Irish Times

Losses at AIB fell 55 per cent last year on the back of reduced operating expenses and improved margins. Overall losses were €1.7 billion(...)

Businessman Denis O’Brien: has been paying down borrowings aggressively in recent years. Photograph: Bryan O’Brien

Denis O’Brien has refinanced his Irish Bank Resolution Corporation (IBRC) borrowings of about €300 million, removing them from the ongoing sale(...)

Who runs Ireland?

THE POLITICIANS ENDA KENNY Taoiseach Kenny holds the most powerful political position in the land. He is chief of the Cabinet, has the f(...)

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