Eight years on from the guarantee, the banks’ debts remain huge
€50 billion. That’s the huge sum of non-performing loans sitting on the books of Irish banks at the end of last year. Almost a fifth of that number was mortgage arrears, the European Central Bank said as it announced that lenders across the eurozone were bogged down with bad loans totalling €1.1 trillion.
During the week, the Irish Central Bank published its quarterly data on mortgage arrears, covering the three months to the...
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EY reports €393m revenues in Republic of Ireland for 2021 financial year
Revenues in the Republic increased 9.5 per cent for the year up to June 2021 to €393 million, up from €359 million in the previous year