Economists have warned a deepening of the Euro debt crisis could hurt the Irish economy.
Loans to consumers continue to decline
NewsLoans to consumers in Ireland have continued to decline.
ISME: Banks reject majority of small business loans
NewsNAMA mortgage loans
NewsThe Chairman of NAMA Frank Daly has stated that NAMA may in the future provide mortgage finance to Irish home-owners.
Bailout Renegotiation & A Tense Week Ahead for the Irish Economy
NewsThe week ahead is likely to be a tense one in the Irish financial markets. The weight of the banking crisis and a poor reputation weighs heavily round the neck of Ireland’s chances of economic regeneration.
Woman attempts legal action over 20% home loan interest rate
NewsA woman from Co Clare in Ireland has launched a legal bid after she was charged an interest rate of almost 20% on a sub-prime loan secured on her home.
Q3: NAMA manages €20.4 billion of loans in arrears
News
New figures show that just 1 in 4 NAMA loans are performing, leaving them having to manage over €20 billion of bad debts.
AIB seek to reduce Nama loans
NewsIt has emerged that AIB may have lobbied the Irish Department of Finance to cut the amount of loans tied to land and development finance under €20million being moved to Nama.
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Warning to beware of loan sharks in Ireland
News
With high interest rates, reportedly as much as 118%, consumers should be careful of loan sharks and predatory lenders warns Caroline Madden in The Irish Times.
Household Lending Falls in November
News
Lending to households and businesses fell in November as deposits continue to leave Irish banks according to the figures released recently by the Central Bank.