Mortgage lending collapse underlined by new IBF data
The collapse in mortgage lending was underlined by new data released by the Irish Banking Federation (IBF), the industry umbrella group, last week.
New firm aims to make life easier for whistleblowers
Creating a more favourable environment for corporate whistleblowers will be an essential step in improving Irish corporate governance, according to the managing director of a new whistleblower service.
O’Leary’s Aer Lingus shares come under the spotlight again
The British Office of Fair Trading may take a special interest in Ryanair’s minority shareholding in the former state airline
Nama developers exploit loophole to avoid millions in tax
Property developers with Nama-bound loans are enjoying multimillion-euro benefits by exploiting a loophole that allows them to claim tax deductions on interest payments even if they are not making the payments to their banks.
Investec planning acquisitions in Ireland, says chief
Investec is planning to increase its presence in Ireland by making more acquisitions here, according to the chief executive of the bank’s Irish division.
Nama rule change targets AIB
AIB will account for two thirds of the €6.6 billion loans that will no longer be transferred to the National Asset Management Agency (Nama) following the government’s decision to raise the minimum transfer threshold from €5million to €20 million.
Current account war ends as Permanent TSB cuts rates
Permanent TSB customers will only get a maximum of €2.81 in interest on their current accounts per year following the bank’s decision to slash the rate it pays on credit balances last week.