Fianna Fáil spokesman on finance Michael McGrath: “I don’t trust the banks.” Photograph: David Sleator

Last Sunday, Governor of the Central Bank of Ireland Patrick Honohan made it clear that the number one issue for the regulator at present is resolving(...)

The changes to savings products follow calls from banks in recent months for a reduction in An Post interest rate. Photograph: Joe St Leger

Savers with An Post will face lower returns on new investments from today, following a decision by the National Treasury Management Agency to cut inte(...)

The number of residential property transactions rose by 14.4 per cent in the first three months of the year, according to the Irish Banking Federation(...)

Mortgage lending fell by 66 per cent in the first quarter compared with the last quarter of 2012.

Mortgage lending slumped in the first quarter of the year, with the number of new mortgages issued declining by 66 per cent. According to stati(...)

The amount of credit outstanding among SMEs contracted by €1.3 billion between December 2010 and the same month of 2012 to €23.14 billion. Photograph: Alan Betson

Just under one in four applications for credit by small and medium-sized enterprises was refused last year by financial institutions. Th(...)

The Central Bank deal will help people who  have built up debts with multiple lenders

Overstretched borrowers could receive a write-down or write-off of some of their debt following an agreement struck yesterday (...)

There were 1,167 mortgages approved in March, to the value of €196 million, according to the Irish Banking Federation.

There were 1,167 mortgages approved in March, to the value of €196 million, according to the Irish Banking Federation. Some €186 million of thi(...)

The Central Bank of Ireland may force banks here to write down the value of problem mortgage loans. Photograph: Matt Kavanagh/Irish Times

The Central Bank of Ireland plans to force banks here to writedown the value of problem mortgage loans in arrears of 90 days if they have not (...)

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