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Tuesday 24 November 2020
However, the Belgian-owned bank saw a ‘record number’ of mortgage applications in the third quarter.
Proceeds from the sale will be used to offset the costs of its North Wall Quay expansion.
Industry profit margins were up from 9% in 2018 to 10% last year.
The latest forecast is buoyed by the ‘resilience’ of Irish exports.
The Central Bank said the impact on customers was ‘devastating’.
The study takes 2013 to represent ‘the low-point of the last recession in Ireland’.
Firms have “not sufficiently considered customer interests” when developing pricing policies.
The investigation was sparked by a 2014 cyberfraud incident which the Bank of Ireland did not immediately report to the gardaí.
Sinn Féin’s Eoin Ó Broin has said the establishment of a non-judicial court would help to support families at risk of repossession.
Tánaiste Leo Varadkar said yesterday he doesn’t ‘fully trust’ the banks not to try to profit during the pandemic.
Developments in recent days have undermined the banks’ positions.
Gabriel Makhlouf was addressing the Special Dáil Committee on Covid-19 this morning.
Insolvency experts are expecting to be deluged as a result of the pandemic.
Real-time economic data suggests the worst of the decline was experienced in April.
The lowest number of mortgage arrears since 2010 was recorded in the first quarter of the year.
The Central Bank has warned that the longer the pandemic lasts, the greater the risk to the Irish economy.
There was a sharp drop in ATM withdrawals in April.
Ads from moneylenders will now have to contain warnings about high interest rates, as well as encouraging consumers to look for other options
New data published by the Central Bank includes details of card spending and ATM transactions since the beginning of March.
Two new reports from the Central Bank today highlight a change in how we’re spending and also the number of jobs being posted.
The Central Bank said this evening that there was no impediment to providing the three-month payment breaks.
Overall, the country’s economic growth has been described as “broadly positive”.
US company Payoneer is the latest to get approval as Ireland is at the centre of a fintech revolution.
The asking price for new sales nationally is around €267,000, while the price in Dublin is €374,000.
The Taoiseach has claimed the price of insurance is going down – but is he right?
Sinn Féin’s Pearse Doherty has said the insurance crisis is not a priority around the Cabinet table.
Sky-high premiums aren’t covering the cost of a ‘compo-culture’ but servicing the industry’s profits, writes Pearse Doherty.
Figures showing the average cost of premiums and payouts were released by the Central Bank today.
The Central Bank’s governor Gabriel Makhlouf said that the current rules are working.
President Higgins launched the commemorative coin in Lynott’s former school in Crumlin.
Economic resilience is needed for the country to meet the economic challenges ahead, Gabriel Makhlouf said.
The rules mean that insurers must also extend their renewal notification period from 15 to 20 working days.
A no-deal scenario would also cost Ireland 73,000 jobs over the next two years, according to analysts’ predictions.
Ed Sibley said overall the Irish financial system is resilient enough to withstand a hard Brexit.
Brexit and lower corporation tax receipts could leave Ireland uniquely vulnerable.
The sculpture is expected to be in place by the end of next year.
If windfalls are going to be to be used, they should be used to reduce Ireland’s debt.
It all stems from a leak of New Zealand’s budget earlier this year.
Gabriel Makhlouf told the minister he accepts the findings of the probe into the New Zealand budget controversy.
WELL, after over two months, tonight is the night. The Great British Bake Off 2020 final.
This has been a unique series, with the cast and crew forming a Covid-19 ‘bubble’ in a hotel for six weeks to record the episodes.
Tonight’s episode will see the three finalists battle it off in the tent before a winner is announced.
So, today we want to know… Will you watch the Great British Bake Off final tonight?
Poll Results:
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