About 86,000 homeowners availed of the mortgage-payment breaks, but by late August about half had returned to normal repayment procedures, with about 43,000 still availing of the relief. About 86,000 homeowners availed of the mortgage-payment breaks, but by late August about half had returned to normal repayment procedures, with about 43,000 still availing of the relief.

The State should offer financial assistance to homeowners struggling to meet their mortgage as a result of Covid-19, a consumer advocate has said, ami(...)

About 86,000 homeowners availed of the mortgage-payment breaks, but by late August about half had returned to normal repayment procedures, with about 43,000 still availing of the relief.

The State should offer financial assistance to homeowners struggling to meet their mortgage as a result of Covid-19, a consumer advocate has said, ami(...)

The State’s five retail banks set aside a combined €2.6 billion of provisions in the first half of the year to absorb an expected surge in bad loan losses as a result of the economic shock caused by the pandemic. Photograph: Getty Images/iStockphoto

Irish banks face a “hectic” period in the final three months of the year as distressed borrowers start to come off extended coronavirus payment breaks(...)

About half of 86,000 mortgage breaks extended by lenders since March were active in late August, according to Banking & Payments Federation Ireland.  Photograph: iStock

The European Banking Authority (EBA) said an industry-wide offering of loan payment breaks by EU lenders since March should be phased out on schedule (...)

The European Banking Authority (EBA) said that these banks must now complete the “full execution” of their Brexit plans, as agreed in their new licences

Banks using Britain as a gateway to the European Union must fully execute their plans for serving European Union customers before a Brexit transition(...)

It makes no sense for Government Ministers and opposition politicians to be berating lenders for charging interest to the 72,000 mortgage holders to whom banks have given a payment break. Photograph: Crispin Rodwell/Bloomberg

Every day, up and down the country, borrowers reschedule their mortgages. This happened before the pandemic. It’s happening during the pandemic. And i(...)

Tánaiste Leo Varadkar said work was ongoing to ensure “smooth return to regular repayments”. Photograph: Cyril Byrne

AIB, Bank of Ireland and Ulster Bank have committed to offering loans to small businesses under a €2 billion State guarantee scheme at costs that will(...)

Is accrued interest a price worth paying for access to a payment breaks scheme that has been effectively open to any borrower who mentioned Covid-19?

Let’s take it as read that banks have massive credibility issues. Look no further than the influential annual Edelman Trust Barometer, which has consi(...)

Banks are currently engaging with customers that have availed of payment breaks to assess how many will not be able to return to regular payments at the end of six months. Photograph: Jose Luis Gonzalez/Reuters

More than a quarter of the €22 billion borrowed by small and medium-sized businesses in the Republic is now subject to payment breaks to help companie(...)

Raising the issue in the Dáil Labour leader Alan Kelly pointed to the clarification that 80,000 mortgage holders who had taken the payment break did not have to be charged interest once the amount was less than 1 per cent of the entire interest bill. Photograph: iStock

Taoiseach Micheál Martin has warned that banks should not profit from the payment breaks given to mortgage holders to help them during the economic cr(...)

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