Irish  banks are likely to cut the equivalent of 7,650 positions  in the next five years, according to Deloitte Ireland. Photograph: Crispin Rodwell/Bloomberg

Irish retail banks are likely to cut up to 30 per cent of jobs – the equivalent of 7,650 positions – in the next five years as the Covid-19 crisis shi(...)

Bank of Ireland, AIB and Permanent TSB, in which the State continues to have major stakes, are set to post €1.03 billon of bad loan provisions.

The Republic’s three surviving taxpayer-rescued banks are on track to report a combined €525 million of net losses for the first half of 2019 as the C(...)

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If you tune in to radio every day you’ll hear a variety of ads from Irish retail banks cheerily promoting their mortgage offerings. The message is sim(...)

  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, (...)

The number of mortgage payment breaks granted by Irish lenders increased by  20 per cent in less than a month.

Banking and Payments Federation Ireland (BPFI) said 78,000 mortgage payment breaks have been granted by Irish lenders as a result of the Covid-19 cri(...)

Permanent TSB, the last of the State’s banks to return to profit after the financial crisis, is set to slide back to a loss this year. Photograph: Alan Betson

Permanent TSB (PTSB), the last of the State’s banks to return to profit after the financial crisis, is set to slide back to a loss this year as the Co(...)

A pedestrian in Dublin’s shut-down city centre. Unlike during the last crisis, Irish banks have much higher levels of capital to absorb shock losses. Photograph: Gareth Chaney/Collins

Ireland’s banks, who were at the epicentre of financial crisis over a decade ago, may be relieved that they’re not the cause of the current economic t(...)

The Central Bank said that borrowers availing of extended breaks will not be classified as having missed payments on its Central Credit Register. Photograph: Alan Betson

The Central Bank will press lenders to use extended Covid-19 loan payment breaks to work on and offer longer-term restructuring solutions to borrowers(...)

PBFI  is urging the Government to improve its Covid-19 working capital loan scheme. Photograph: Nick Bradshaw

Banking and Payments Federation Ireland (BPFI) has called on the Government to set up a scheme offering up to 90 per cent guarantees against lending t(...)

Leading Irish wealth managment group Davy has agreed a three-year sponsorship with The Irish Times for its weekly podcast, Inside Business with Ciarán Hancock.

Irish wealth manager Davy Group has signed a three-year sponsorship deal with The Irish Times for its leading weekly podcast, Inside Business with Cia(...)

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