According to a new report from the Bank of Ireland the amount of home improvement loans issued in Ireland have surged.
Those living out in the country have been among some of the hardest hit by a decade of bank and Post Office closures – but their misery looks set to continue if proposals to slash 200 post offices and 22 branches of Ulster Bank happen.
The Department of Agriculture has partnered with the Strategic Banking Corporation of Ireland (SBCI) to launch a low interest loan designed to ease financial burdens for farmers.
A new survey has revealed serious disparities in loan repayments across a range of professions.
The recent announcement that retailers in Ireland are to be charged lower fees by banks on credit and debit card transactions has prompted calls from Finance Minister Michael Noonan for these savings to be passed on to consumers.
Industry lobby group Property Industry Ireland (PII) released a report recently which showed that at the end of September 2015, first-time buyers in Ireland typically had a mortgage of around €172,000.
Recent figures released regarding the state of the Irish mortgage market have revealed that many homeowners are missing out on the opportunity to make big savings on their monthly mortgage payment, partly because they are reluctant to switch to a new provider and partly due to problems within the mortgage industry itself.
According to statistics released this week by the Central Bank, both personal loans and home loans have fallen year on year in February.
This January the Central Statistics Office (CSO) has for the first time released the results of the Household Finance and Consumption Survey.
The Central Bank today released its latest Money and Banking Statistics for December 2014.