Banking New cash rules could increase cost of banking services, industry group warnsBrian Hayes, the BPFI chief executive, will tell an Oireachtas committee that the laws would create an ‘unlevel playing field’ in the sector
Cybersecurity Online fraudsters con consumers out of €8.6m in first half of 2023 Businesses and consumers are being urged to be vigilant amid increased reports of fraudsters operating under the branding of known firms
Banking Shops and pharmacies must accept notes and coins under new access to cash lawsNew legislation aims to restore number of ATMs in Ireland to 2022 levels before exit of Ulster Bank and KBC from market
Housing Record high €8.8bn first time buyer mortgages approved in NovemberFirst-time buyers represented more than 61 per cent of the total volume of mortgages during November
Banking Mortgage switching plummets 78% despite crippling interest ratesDrawdown volumes declined by 22 per cent year-on-year in Q3, driven by a significant decline in switching activity
Employment Retraining staff ‘priority’ strategy in plugging skill gaps among one in four banking executives As 72 per cent of senior bankers experience skill shortages banks are are committed to upskilling existing workers
Banking Banking lobby group reports record high loan drawdown valuesGreen loan values recorded 175 per cent jump compared to previous year, according to the BPFI
Labour shortages threaten growth in SME sector, says banking lobby groupSMEs account for 60 per cent of all employment in Ireland, according to the BPFI
Housing One in three renters expect to buy a home in next 5 years 29 per cent of renters want to own a home but don’t think they ever will, new BPFI data shows
Budget 2024 Bank levy: ‘Arbitrary’ increase threatens Ireland’s reputation, BPFI saysMichael McGrath announced a 'revised’ hike for 2024, which aims to raise €200m
Banking Banks to offer zero-interest loans to mica householdsAIB, Bank of Ireland and Permanent TSB propose providing up to 15 per cent of a homeowner’s mica grant upfront
Housing First-time buyers continue to dominate market as mortgage approvals top 30,000The number of overall mortgage approvals fell by 4.5 per cent month-on-month and by 18.2 per cent compared with the same period last year
Analysis ‘It is critically important that our banks are profitable’: Lenders bat back at irate politiciansBank executives argued that soaring profits are ‘inevitable’ in light of interest rate hikes - and that they should not be blamed for record revenues
Banking Banks to defend sector’s ‘balanced approach’ in the face of ECB rate hikesDáil finance committee to meet with main lenders to discuss impact of increased interest rates on consumers
Energy High costs eating into growing appetite for home retrofitting New BPFI research calls for government support to ‘bridge affordability gap’ and help achieve state energy targets
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