Business ETC uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Click here to find out more »
Dublin: 10 °C Wednesday 22 May, 2013

Lending

# lending - Friday 2 March, 2012

There is ‘no silver bullet’ to address mortgage arrears, says financial regulator

Matthew Elderfield says Ireland’s mortgage arrears problem is going to get worse before it gets better.

# lending - Wednesday 29 February, 2012

Complaints about bank lending ‘made by people who haven’t sought loans’

The quarterly review of the Credit Reviewer notes that banks can only lend whenever someone applies for a loan.

# lending - Wednesday 22 February, 2012

Bank of Ireland received €264million in applications for mortgage fund

The lender said it was showing “support and commitment to the Irish mortgage market”.

# lending - Tuesday 31 January, 2012

Loans to households, businesses declined during December

Despite the dip in lending, households’ deposits with banks rose in December

# lending - Wednesday 4 January, 2012

European banks borrow from ECB – and then lodge the cash with the ECB again

Overnight deposits at the ECB jumped by €65bn on Monday – potentially undermining ECB efforts to get money moving again.

# lending - Friday 30 December, 2011

Loans to households fall but business lending up slightly in November

Loans to households are down by over 4 per cent in the year to November.

# lending - Monday 19 December, 2011

One-third of Irish businesses prevented from growing by credit shortage

Almost half of businesses in the InterTradeIreland study were either shrinking, struggling or winding up entirely.

# lending - Wednesday 14 December, 2011

Household deposits in Ireland’s banks continued to fall in third quarter

New figures from the Central Bank show that the amount Irish households kept on deposit in banks fell by €482 million.

# lending - Monday 12 December, 2011

Half of SMEs seeking loans from banks in past three months were turned down

Majority of those who answered ISME survey claim the Government is having no positive effect in making banks extend credit to SMEs.

# lending - Friday 9 December, 2011

From TheJournal.ie Mortgages

Five banks not passing on full ECB rate cut to mortgage customers

The ECB yesterday announced a 0.25 per cent cut in its base rate which will kick in from 14 December – but not for all Irish mortgage holders…

# lending - Thursday 8 December, 2011

ECB

ECB could cut interest rate cut by 0.5 per cent today

The bank is expected to announce its second rate cut in five weeks as EU leaders travel to Brussels for a eurozone crisis summit.

# lending - Thursday 3 November, 2011

From TheJournal.ie Kindle

Kindle users will be able to borrow books from Amazon – but only in the US

Users have to subscribe to Amazon’s movie streaming service to borrow books from the Kindle library.

# lending - Friday 28 October, 2011

Lending to Irish households down €183m

Latest figures from the Central Bank show that the level of lending to households dropped by 4 per cent between September 2010 and 2011.

# lending - Thursday 27 October, 2011

New initiative will make applying for credit ‘easier’ for businesses

The new Standardised SME Lending Application Form, adopted by AIB and Bank of Ireland, will help businesses to identify exactly what is required of them when applying for credit, says the Minister for Small Business

# lending - Monday 29 August, 2011

Banks won’t meet lending targets – because too few businesses want loans

The Credit Review Office says banks won’t meet their targets for lending to small businesses – but that it’s not their fault.

From TheJournal.ie 9 At 9

The 9 at 9: Monday

Nine things you should know this morning…

# lending - Monday 22 August, 2011

From TheJournal.ie Economy

Column: Time to think outside the box on Irish banks

Amid calls for Irish investors overseas to direct their funds closer to home, Nick Leeson says the idea of reversing NAMA loans back to banks is well worth considering.

# lending - Tuesday 16 August, 2011

From TheJournal.ie Mortgages

Mortgage lending down by more than half since last year

The Irish Bankers’ Federation says the volume of new lending is down by 54.6 per cent on the same time in 2010.

# lending - Thursday 11 August, 2011

ECB’s emergency bank lending soared last night

Banks took €4bn of overnight emergency funds last night – compared to just €2m on Monday night – amid fears over France.

# lending - Wednesday 8 June, 2011

From TheJournal.ie Opinion

Column: House prices are still falling, and there’s no sign we’ve hit bottom, warns Nick Leeson

Recent reports that the property market has stabilised couldn’t be further from the truth – but we still need to be very careful about looking for a saviour, writes former trader Nick Leeson.

# lending - Wednesday 20 April, 2011

TDs criticise Nyberg report for failing to pinpoint bank crisis blame

Meanwhile, Minister Michael Noonan says the report had addressed the actions of a “seriously inept government” which had fuelled instead of restrained the banks once the crisis was underway.

# lending - Tuesday 1 March, 2011

Ireland’s banks increase reliance upon ECB funding

Central Bank figures show that Ireland’s banks are now €96bn in debt to the European Central Bank – a post-bailout peak.

# lending - Thursday 26 August, 2010

A SURVEY OF IRISH credit unions shows that the vast majority – 90% –  of branches believe an image change is in order if they are to attract new customers.

The same percentage also said they also wanted a change of leadership in the sector.

The results of the independent survey were announced today at a credit union conference in Dublin, which was attended by members from all over Ireland.

Members also supported greater branch-to-branch cooperation, and even mergers. In May, the registrar of credit unions told an Oireachtas Committee that some credit uinions may not be able to continue as individual entities if they are facing serious funding issues.

90% of members also said they were optimistic about the future of the sector.

Last month, the Irish League of Credit Unions said it welcomed the appointment of independent consultants to review the sector’s financial standing, and told their members that their savings were safe.