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Dublin: 4°C Tuesday 26 January 2021

#The Banks

# the-banks - Sunday 24 January, 2021

Irish banks want to take on Revolut together — but why has the competition watchdog 'rejected' them?
# The Banks
# The Banks

Irish banks want to take on Revolut together — but why has the competition watchdog 'rejected' them?

Sun 6:30 AM 72,173 Views 37 Comments

Why has it taken so long for Irish banks to address competition from fresh-faced fintech companies?

# the-banks - Wednesday 25 November, 2020

Hopes for a swift economic recovery in 2021 have faded, says ECB
# ECB
# ECB

Hopes for a swift economic recovery in 2021 have faded, says ECB

Nov 25th 2020, 10:46 AM 24,582 Views 21 Comments

A resurgence of the virus has weakened euro area growth forecasts.

# the-banks - Thursday 12 November, 2020

KBC Bank pushed into €41 million loss for 2020 despite positive third quarter figures
# The Banks
# The Banks

KBC Bank pushed into €41 million loss for 2020 despite positive third quarter figures

Nov 12th 2020, 11:25 AM 11,700 Views 12 Comments

However, the Belgian-owned bank saw a ‘record number’ of mortgage applications in the third quarter.

# the-banks - Wednesday 21 October, 2020

Ulster Bank tells Donohoe 'no decision' yet taken on its future amid reports it could be wound down
# The Banks
# The Banks

Ulster Bank tells Donohoe 'no decision' yet taken on its future amid reports it could be wound down

Updated Oct 21st 2020, 1:24 PM 64,860 Views 34 Comments

The Minister for Finance met with representatives from Ulster Bank today.

# the-banks - Saturday 26 September, 2020

Banking Culture Board not commenting on individual reports after KBC's €18.3 million fine
# Tracker Mortgages
# Tracker Mortgages

Banking Culture Board not commenting on individual reports after KBC's €18.3 million fine

Sep 26th 2020, 8:30 AM 19,285 Views 32 Comments

Central Bank investigations into three other banks are ongoing.

# the-banks - Thursday 24 September, 2020

KBC Bank fined €18.3 million by the Central Bank over tracker mortgage scandal
# The Banks
# The Banks

KBC Bank fined €18.3 million by the Central Bank over tracker mortgage scandal

Updated Sep 24th 2020, 12:35 PM 36,852 Views 42 Comments

The Central Bank said the impact on customers was ‘devastating’.

# the-banks - Thursday 10 September, 2020

Ulster Bank plans to cut 266 jobs to reduce costs
# The Banks
# The Banks

Ulster Bank plans to cut 266 jobs to reduce costs

Sep 10th 2020, 1:34 PM 23,788 Views 11 Comments

The bank suffered a loss of €276 million in the first six months of the year.

# the-banks - Wednesday 19 August, 2020

Union seeks 'urgent' WRC intervention over Bank of Ireland's plan to cut workforce by 1,400
# The Banks
# The Banks

Union seeks 'urgent' WRC intervention over Bank of Ireland's plan to cut workforce by 1,400

Aug 19th 2020, 11:58 AM 12,986 Views 9 Comments

The Financial Services Union has written to the WRC seeking conciliation.

# the-banks - Sunday 9 August, 2020

'There are people working in their bedrooms keeping the banking system going and this is their reward'
# The Banks
# The Banks

'There are people working in their bedrooms keeping the banking system going and this is their reward'

Aug 9th 2020, 12:05 AM 108,934 Views 33 Comments

Bank of Ireland redundancies ‘surprised’ the general secretary of the Financial Services Union.

# the-banks - Wednesday 5 August, 2020

Bank of Ireland plans to cut 1,400 jobs from its workforce
# The Banks
# The Banks

Bank of Ireland plans to cut 1,400 jobs from its workforce

Aug 5th 2020, 11:33 AM 44,761 Views 62 Comments

It comes after the bank posted a pre-tax loss of €669 million in its half-year results this morning.

# the-banks - Thursday 30 July, 2020

More new mortgages approved in June but drawdowns slid in the second quarter, says bank lobby
# The Banks
# The Banks

More new mortgages approved in June but drawdowns slid in the second quarter, says bank lobby

Jul 30th 2020, 6:30 AM 16,931 Views 10 Comments

But banks approved half the number of new mortgages last month than in June 2019.

# the-banks - Thursday 9 July, 2020

Explainer: Why Irish banks are being accused of 'profiteering from the pandemic'
# The Banks
# The Banks

Explainer: Why Irish banks are being accused of 'profiteering from the pandemic'

Jul 9th 2020, 2:26 PM 20,541 Views 46 Comments

Developments in recent days have undermined the banks’ positions.

# the-banks - Wednesday 8 July, 2020

Minister for Finance says he 'cannot mandate' how banks consider mortgages for people on wage subsidy scheme
# The Banks
# The Banks

Minister for Finance says he 'cannot mandate' how banks consider mortgages for people on wage subsidy scheme

Jul 8th 2020, 6:10 AM 15,016 Views 28 Comments

A number of mortgage applicants have been told they cannot draw down their mortgage due to being on the scheme.

# the-banks - Monday 15 June, 2020

'The stress is real. And growing': Wage subsidy recipients with mortgage approval uncertain if they can buy home
# Wage Subsidy Scheme
# Wage Subsidy Scheme

'The stress is real. And growing': Wage subsidy recipients with mortgage approval uncertain if they can buy home

Jun 15th 2020, 12:05 AM 48,105 Views 28 Comments

Some applicants have been told by their bank they can’t draw down their mortgage if they’re in receipt of the wage subsidy scheme.

# the-banks - Sunday 7 June, 2020

'What was all our hard work for?': Couple have mortgage approval pulled because one is on wage subsidy scheme
# The Banks
# The Banks

'What was all our hard work for?': Couple have mortgage approval pulled because one is on wage subsidy scheme

Jun 7th 2020, 12:05 AM 270,005 Views 81 Comments

Labour’s Ged Nash says the Minister for Finance must urgently raise the issue with the main banks.

# the-banks - Sunday 29 July, 2018

How many mortgage holders were taken to the High Court by banks so far this year?
# Repossessions
# Repossessions

How many mortgage holders were taken to the High Court by banks so far this year?

Jul 29th 2018, 10:00 PM 31,265 Views 52 Comments

The numbers are down on recent years but there still has been almost 300 cases initiated in the High Court.

# the-banks - Monday 9 April, 2018

How many mortgage holders have banks taken to court so far this year?
# The Banks
# The Banks

How many mortgage holders have banks taken to court so far this year?

Apr 9th 2018, 12:05 AM 42,403 Views 71 Comments

We take a dive into the figures available for the cases brought against homeowners in the courts over the past few years.

# the-banks - Wednesday 25 October, 2017

'We apologise unreservedly' 'We sincerely apologise': Five banks say sorry for tracker mortgage mess
# The Banks
# The Banks

'We apologise unreservedly' 'We sincerely apologise': Five banks say sorry for tracker mortgage mess

Oct 25th 2017, 5:04 PM 18,267 Views 101 Comments

Minister Donohoe was addressing the media in a week where he met all the main banks’ CEOs.

# the-banks - Thursday 21 May, 2015

'The bank guarantee was traumatic, it wasn't pleasant for anyone in the room'
# No Dissenter
# No Dissenter

'The bank guarantee was traumatic, it wasn't pleasant for anyone in the room'

May 21st 2015, 6:04 PM 19,208 Views 101 Comments

John Hurley, the former governor of the Central Bank, is before the banking inquiry today .

# the-banks - Tuesday 22 July, 2014

Stephen Donnelly: Nobody takes the Dáil seriously... including TDs
# MacGill
# MacGill

Stephen Donnelly: Nobody takes the Dáil seriously... including TDs

Jul 22nd 2014, 7:00 AM 11,572 Views 52 Comments

The independent TD says he has no regrets about quitting the banking inquiry last month.

# the-banks - Thursday 30 January, 2014

Noonan doesn't know how many people had access to missing bank guarantee letters
# Missing Letters
# Missing Letters

Noonan doesn't know how many people had access to missing bank guarantee letters

Jan 30th 2014, 7:30 AM 6,926 Views 31 Comments

The Finance Minister has said the search is continuing for two letters that have gone missing from the Department of Finance.

# the-banks - Thursday 23 January, 2014

Banking inquiry will have powers to compel - but no witnesses until after May elections
# Banking Inquiry
# Banking Inquiry

Banking inquiry will have powers to compel - but no witnesses until after May elections

Jan 23rd 2014, 7:05 AM 4,438 Views 18 Comments

Who chairs it and who sits on it have still to be worked out, but the banking inquiry committee is unlikely to hear evidence publicly until after the local and European elections, TheJournal.ie has learned.

# the-banks - Wednesday 15 January, 2014

Howlin says officials looking for lost documents - but Department won't say if they are
# Bank Guarantee
# Bank Guarantee

Howlin says officials looking for lost documents - but Department won't say if they are

Jan 15th 2014, 6:15 AM 6,307 Views 42 Comments

The Minister was responding to revelations that two documents related to the bank guarantee have gone missing from the Department of Finance, but it’s not clear if officials are trying to find them.

# the-banks - Saturday 11 January, 2014

Anglo worried that the bank guarantee could make it liable if other banks failed
# Bank Guarantee
# Bank Guarantee

Anglo worried that the bank guarantee could make it liable if other banks failed

Jan 11th 2014, 8:14 PM 24,495 Views 114 Comments

A letter from David Drumm to Brian Lenihan in October 2008 has been released in full to the Sinn Féin finance spokesperson Pearse Doherty and is revealed in full for the first time.

# the-banks - Friday 10 January, 2014

Micheál Martin: Government wants to use banking inquiry as 'a political show trial'
# Banking Inquiry
# Banking Inquiry

Micheál Martin: Government wants to use banking inquiry as 'a political show trial'

Jan 10th 2014, 6:15 AM 5,912 Views 102 Comments

The Fianna Fail insists he’s not worried about the impact that any Oireachtas investigation into the banking collapse will have on his party in the European and local elections.

# the-banks - Monday 30 December, 2013

Taoiseach: Ahern and Cowen won't be reluctant to appear before banking inquiry
# Banking Inquiry
# Banking Inquiry

Taoiseach: Ahern and Cowen won't be reluctant to appear before banking inquiry

Dec 30th 2013, 7:00 AM 9,609 Views 102 Comments

A long-awaited inquiry into the collapse of the Irish banking system is likely to get under way next year.

# the-banks - Thursday 22 August, 2013

Howlin: It's very worrying that banks aren't taking the Ombudsman seriously
# The Banks
# The Banks

Howlin: It's very worrying that banks aren't taking the Ombudsman seriously

Aug 22nd 2013, 6:15 AM 6,505 Views 73 Comments

Brendan Howlin was responding to the criticism of the banks by the Financial Ombudsman yesterday.