Can banks find a way to solve credit conundrum?
Until credit growth eventually begins again, the banks have little choice to cut back – something which suits neither them nor the economy
At the beginning of this year, a number of banks began to look at their options for removing the remaining trouble spots in their loan books.
Permanent TSB, which once had the biggest level of non-performing loans in the country, decided to write to its buy-to-let mortgage customers. Such loans were taken out by those wanting to become mini-landlords, paying interest only, with the capital amount due in the future.
The bank‘s letter was a...
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How to manage: Supreme Court decision to have significant impact on workplace dispute cases
The recent verdict in Zalewski vs Adjudication Officer is highly likely to ratchet up the complexity and cost of legal proceedings
How to manage: Diversity is about more than padding a board with people who look different
Our ultimate leadership goal should be the diversity of thought and inclusion of minority perspectives, regardless of what people look or sound like
Kerry Group’s steady results signal global bounceback
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The sale of the century: what next for Arnotts and BT?
News that the Selfridges group, parent company to Arnotts and Brown Thomas, is being sold has sent shockwaves through the luxury retail sector – and speculation abounds regarding potential buyers and the future of the two iconic Irish department stores