Patrick Casey

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UCC interim President Professor John O’Halloran addressing the commemoration. Photograph: Michael Mac Sweeney/Provision

It could be argued that the execution by the British of 13 IRA volunteers in Cork 100 years ago was a war crime, according to a University College Cor(...)

Credit unions had just €27 out on loan for every €100 of assets at the end of September. Photograph: Collins

A surge in household savings during Covid-19 saw Irish credit union deposits rise 7 per cent to €16.3 billion in the year to September, adding to the (...)

Combined membership of the industry totals about 3.4 million. Photograph: Colin Keegan/Collins

Weakness in how many credit unions write loans is a concern, the Central Bank has said, at a time when parts of the sector are trying to expand into m(...)

  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, (...)

ILCU chief executive Ed Farrell: ‘It is disappointing that the regulator is maintaining the status quo in the changed circumstances’

The Irish League of Credit Unions (ILCU) has accused the sector’s regulator of double standards after it denied its request for leeway on regulation d(...)

The Central Bank buildings in the North Wall area of Dublin’s docklands. Photograph: Alan Betson

The Central Bank of Ireland’s oversight body has approved its budget for this year which includes €350 million in operating costs. But the governor, G(...)

The number of credit unions operating in the Republic has fallen by nearly 50 per cent since the crash, according to an external review of the Central Bank of Ireland’s regulation of the sector.

The number of credit unions operating in the Republic has fallen by nearly 50 per cent since the crash, according to an external review of the Central(...)

The regulator moved last month to ease restrictions on long-term lending by Credit Unions, following years of lobbying by the industry

The number of credit unions in the Republic has fallen to 241 from 406 in 2011, as the industry succumbed to a wave of mergers as it grappled with a s(...)

The Central Bank has issued new lending rules for credit unions that will come into effect from 2020. Photograph: Alan Betson / The Irish Times

Credit unions are poised to double or even triple their lending in some sectors after a relaxation of Central Bank restrictions, according to the indu(...)

Credit union member savings have risen from €11.8 billion in 2014 to €15 billion currently.

Total assets held at credit unions are at a record high, but challenges remain for the sector with investment returns constrained by low interest rate(...)

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