First time buyer homes and mortgages rise significantly One in three first time buyer (FTB) homes were valued over €400,000 in 2024, three times the 2019 share, according to the latest BPFI mortgage report Business • 20 Jun
First time buyer homes and mortgages rise significantly One in three first time buyer (FTB) homes were valued over €400,000 in 2024, three times the 2019 share, according to the latest BPFI mortgage report Business • 20 Jun
Record personal loans for car, home improvement in 2024 A record €2.5 billion worth of personal loans were drawn down last year, including loans for cars, home improvement works, holidays and weddings. Business • 16 May
Record personal loans for car, home improvement in 2024 A record €2.5 billion worth of personal loans were drawn down last year, including loans for cars, home improvement works, holidays and weddings. Business • 16 May
Geopolitics the top concern for international banks here Nearly eight in ten international banks in Ireland say global political tensions could hit their business in the next five years. Business • 13 May
Geopolitics the top concern for international banks here Nearly eight in ten international banks in Ireland say global political tensions could hit their business in the next five years. Business • 13 May
Businesses urged to avoid pay delays on European May Day Consumers and businesses are being warned of possible delays to electronic euro payments between banks on the upcoming European May Day holiday on May 1. Business • 25 Apr
Businesses urged to avoid pay delays on European May Day Consumers and businesses are being warned of possible delays to electronic euro payments between banks on the upcoming European May Day holiday on May 1. Business • 25 Apr
First-time buyer mortgage approvals hit record highs New figures from Banking and Payments Federation Ireland (BPFI) show that first-time buyer mortgage approvals hit a record high last November. Business • 10 Jan
First-time buyer mortgage approvals hit record highs New figures from Banking and Payments Federation Ireland (BPFI) show that first-time buyer mortgage approvals hit a record high last November. Business • 10 Jan
Labour productivity levels decline in key SME sectors Labour productivity levels have declined in key SME sectors, a new report warns. Business • 01 Nov 24
Labour productivity levels decline in key SME sectors Labour productivity levels have declined in key SME sectors, a new report warns. Business • 01 Nov 24
Consumers warned of new 'direct debit' scam on the rise Consumers are being warned of a new 'direct debit' scam which is falsely leading people to believe their bank account has been hacked. Business • 23 Oct 24
Consumers warned of new 'direct debit' scam on the rise Consumers are being warned of a new 'direct debit' scam which is falsely leading people to believe their bank account has been hacked. Business • 23 Oct 24
Just 28% of mortgage customers have considered switching Less than a third of mortgage customers have considered switching in the past year, new research shows. Business • 16 Oct 24
Just 28% of mortgage customers have considered switching Less than a third of mortgage customers have considered switching in the past year, new research shows. Business • 16 Oct 24
Half of contactless payments made using mobile wallets Smartphones and watches are becoming the preferred payment method for many, new data shows. Business • 11 Oct 24
Half of contactless payments made using mobile wallets Smartphones and watches are becoming the preferred payment method for many, new data shows. Business • 11 Oct 24
Mortgage drawdowns rise 2.2%, approvals continue to fall The number of mortgage drawdowns by first time buyers reached the highest level since 2007 between April and June, new data shows. Business • 29 Jul 24
Mortgage drawdowns rise 2.2%, approvals continue to fall The number of mortgage drawdowns by first time buyers reached the highest level since 2007 between April and June, new data shows. Business • 29 Jul 24
SMEs lost €10m through email-related scams last year Small and medium sized businesses lost almost €10m through email-related scams last year. Business • 12 Jul 24
SMEs lost €10m through email-related scams last year Small and medium sized businesses lost almost €10m through email-related scams last year. Business • 12 Jul 24
One in four first-time buyers moving county to buy home More than 40% of first time homebuyers in Wicklow, Meath and Kildare last year were based in Dublin, as new figures show an increase in cross-county purchases. Business • 14 Jun 24
One in four first-time buyers moving county to buy home More than 40% of first time homebuyers in Wicklow, Meath and Kildare last year were based in Dublin, as new figures show an increase in cross-county purchases. Business • 14 Jun 24
90% jump in 'green' loan drawdowns last year The number of green loans drawn down last year jumped over 90% when compared to 2022, new data shows. Business • 10 May 24
90% jump in 'green' loan drawdowns last year The number of green loans drawn down last year jumped over 90% when compared to 2022, new data shows. Business • 10 May 24
Mortgage drawdowns drop almost 20%, switching plummets Just over 8,400 new mortgages were drawn down between January and March, down almost 20% on the same time last year. Business • 03 May 24
Mortgage drawdowns drop almost 20%, switching plummets Just over 8,400 new mortgages were drawn down between January and March, down almost 20% on the same time last year. Business • 03 May 24
Consumers want to make 'green' choices but cost dominates Consumers want to make sustainable choices but cost and other practicalities take priority, new research shows. Business • 24 Apr 24
Consumers want to make 'green' choices but cost dominates Consumers want to make sustainable choices but cost and other practicalities take priority, new research shows. Business • 24 Apr 24
Mortgage approvals down across all groups, except FTBs The slowdown in the mortgage market is continuing, driven by a declining numbers of switchers and mover purchasers. Business • 01 Mar 24
Mortgage approvals down across all groups, except FTBs The slowdown in the mortgage market is continuing, driven by a declining numbers of switchers and mover purchasers. Business • 01 Mar 24
Access to Cash Bill may damage competition in banking The organisation representing the banking sector has warned that certain provisions contained in draft legislation aimed at ensuring continued availability of cash services pose a very real risk to the present and future competitiveness of the Irish retail banking sector. Business • 27 Feb 24
Access to Cash Bill may damage competition in banking The organisation representing the banking sector has warned that certain provisions contained in draft legislation aimed at ensuring continued availability of cash services pose a very real risk to the present and future competitiveness of the Irish retail banking sector. Business • 27 Feb 24
Drop off in switching drives mortgage approvals lower Mortgage switching activity dropped 75% last November when compared to the same time the previous year, new figures show. Business • 09 Jan 24
Drop off in switching drives mortgage approvals lower Mortgage switching activity dropped 75% last November when compared to the same time the previous year, new figures show. Business • 09 Jan 24
Mortgage drawdowns fall 22%, driven by switching slump Mortgage drawdowns were down almost 22% between July and September when compared to the same period last year. Business • 27 Oct 23
Mortgage drawdowns fall 22%, driven by switching slump Mortgage drawdowns were down almost 22% between July and September when compared to the same period last year. Business • 27 Oct 23
Online payments continue to grow, cheque payments drop Online and mobile banking payments are continuing to grow in the country while usage of cheques has dropped to the lowest level since 2008. Business • 13 Oct 23
Online payments continue to grow, cheque payments drop Online and mobile banking payments are continuing to grow in the country while usage of cheques has dropped to the lowest level since 2008. Business • 13 Oct 23
Mortgage switching down almost 80% on last year There was a huge drop in the number of people switching their mortgages in August compared to the same time last year, new figures show. Business • 29 Sep 23
Mortgage switching down almost 80% on last year There was a huge drop in the number of people switching their mortgages in August compared to the same time last year, new figures show. Business • 29 Sep 23
BPFI: Further action needed to meet retrofitting target A new report states that further action is needed if Ireland is to meet its retrofitting targets. Business • 25 Sep 23
BPFI: Further action needed to meet retrofitting target A new report states that further action is needed if Ireland is to meet its retrofitting targets. Business • 25 Sep 23
BPFI: Over 30,000 new homes could be built this year Over 30,000 new homes could be completed this year, new analysis from Banking and Payments Federation Ireland shows. Business • 12 Sep 23
BPFI: Over 30,000 new homes could be built this year Over 30,000 new homes could be completed this year, new analysis from Banking and Payments Federation Ireland shows. Business • 12 Sep 23
House supply and rates contributing to price moderation A significant increase in housing supply since pandemic restrictions were lifted together with recent interest rate increases have contributed to a substantial moderation in property price growth, the Banking and Payments Federation concludes in its latest Housing Market Monitor. Business • 20 Jun 23
House supply and rates contributing to price moderation A significant increase in housing supply since pandemic restrictions were lifted together with recent interest rate increases have contributed to a substantial moderation in property price growth, the Banking and Payments Federation concludes in its latest Housing Market Monitor. Business • 20 Jun 23
Social media firms refuse to appear before Committee Three major social media companies have refused invitations from the Oireachtas Finance Committee to appear before it to discuss a rising level of online scams and frauds, RTÉ's Morning Ireland understands. Business • 14 Jun 23
Social media firms refuse to appear before Committee Three major social media companies have refused invitations from the Oireachtas Finance Committee to appear before it to discuss a rising level of online scams and frauds, RTÉ's Morning Ireland understands. Business • 14 Jun 23