Housing Banking Federation says home completions could exceed 30,000 this yearIn the first six months of 2023, construction was completed on more than 14,000 homes
Banking AIB executive Cathy Bryce named first female president of banking lobby groupBryce ‘honoured’ to take over presidency of Banking and Payments Federation
Personal Finance Lenders set criteria for mortgage holders to switch lender Guidelines designed to provide clarity for borrowers with credit service agencies seeking to switch
Mortgages Almost 30,000 first-time buyer mortgages approved in year to JulyMortgage approvals fell 9.7 per cent compared to the same month in 2022
Banking Bankers hit back at Simon Harris’ ‘laggards’ criticismBanking Payments Federation of Ireland says it is striking a balance between deposit and mortgage rates
Finance Value of personal loans grows by 25.2 per cent, while cost of electric cars pushes up auto finance Average car loan rose by €1,073 to €11,678, reflecting rising car prices and growth in electric and plug-in hybrid vehicles
Finance Volume of contactless payments hits three million a day – report The average payment value reached €17.05
Mortgages BPFI: Mortgage approvals down 8 per cent in May to just under 5,000The number of mortgages approved were up from April but down compared to May of last year
Banking People making genuine efforts to repay mortgage should not be allowed fall into arrears – Michael McGrathBanks around Europe have been adapting to successive interest rate increases imposed by the ECB since last July
Crypto Younger people in Ireland more likely to invest in cryptocurrencies, use informal sources - surveySurvey from the Banking & Payments Federation also highlights that one in five consumers who hold investments (20 per cent) said they did not closely monitor their investments
Housing Slowdown in mortgage lending for first time in seven years as level of switching drops sharplyMany people recently locked in fixed interest rates in response to a recent surge in borrowing costs
Housing Housing completions expected to drop to 27,000 this yearLast week Leo Varadkar said 40,000 properties need to be delivered annually to meet demand
Consumer Irish bank customers warned of scams with ‘minimum investments’ of €20,000The Banking & Payments Federation Ireland said many fraudsters use the names and branding of well-recognised firms
Mortgages Rate of mortgage approvals jumps to record highThe value of mortgages for property purchases increased by 10 per cent year-on-year
Housing Jump in home improvement loans given out to property ownersThe value of loans to upgrade properties surpassed finance for cars for the first time
Banking Mortgage drawdowns increased to €14bn last year, the highest level since 2008Mortgage market grew to its highest level in over a decade, according to new figures from the Banking & Payments Federation of Ireland (BPFI)
Banking Jim O’Keeffe appointed president of Banking & Payments FederationO’Keeffe has held key roles in AIB’s retail customer relationships, overseeing the bank’s digital services, branch banking and group mortgages
Banking New mortgage approvals rise to €15bn as customers seek new deals amid rising interest ratesFigures from the Banking and Payments Federation Ireland showed a 17% increase in new mortgage approvals in 2022 versus the year before
Housing Banking group says house prices will continue to rise despite overvaluation warnings BPFI says structural issues will keep demand for property high
Strong growth in mortgage approvals in FebruaryThe number of mortgages approved rose by 7.5 per cent month-on-month