Irish house price inflation is set to accelerate in 2017, potentially reaching double-digit levels, according to the MyHome.ie property report for the final quarter of 2016. “Clearly low stock levels
Bank fo Ireland announced on Friday that it was executing a credit risk transfer transaction on a portfolio of business banking and corporate loan assets effective 29 December 2016. The
The number of mortgages approved rose by 30.8% year-on-year and increased by 2.0% month-on-month for the three months ending November 2016, according to the latest figures from the Banking & Payments
The wealthiest 10% of households own 52.2% of the total net wealth in the Euro area, except Lithuania, and Hungary and Poland, according to the results from the second wave
Bank of America Merrill Lynch, Davy and Deutsche Bank were appointed as ‘Global Coordinators’ to assist in a potential future Initial Public Offering (IPO) of AIB, the Department of Finance
The Sustainable Energy Authority of Ireland (SEAI) announced on Thursday a doubling of its Energy Research, Development and Demonstration fund for next year to €2 million. The fund is open
The Irish government is seeking submissions for a European Commission proposal for a Directive on insolvency, debt, restructuring and second chance, it was announced on Monday. The Department of Justice
The first interim dividend of 25% was paid to all admitted unsecured creditors of the Irish Bank Resolution Corporation (IBRC), the Department of Finance said on Tuesday. “The payment of
The first meeting of a European Investment Bank (EIB) – Ireland Financing Group, chaired by Minister of Finance Michael Noonan, took place on Friday morning, shortly before the EIB’s first
Dublin is the fourth most attractive city in Europe for real estate investment, according to an analysis by PwC and the Urban Land Institute (ULI) released on Thursday. Dublin saw
MDO Management Company S.A., a privately held company based in Luxembourg, will establish a branch in Dublin, Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor announced on Friday. MDO
A research technical paper published by the Central Bank of Ireland on Monday, shows that the cost of bank finance “increased disproportionately for smaller enterprises” during the euro crisis. The
The Central Statistic Office released “Brexit: Ireland and the UK in numbers”, on Wednesday, December 7. The publication provides the available figures covering the main areas of Ireland’s engagement with
The European Commission and ECB finished the sixth post-programme surveillance review for Ireland on Friday, December 2, in which they said that Ireland’s economic prospects remained bright, but warned that
Net asset value of money market funds (MMFs) in Ireland decreased by €16 billion to €444 billion in September 2016, according to statistics on money market funds during the third
Dublin-headquartered medical device company Medtronic reported the financial results of its second quarter on Tuesday, November 22. The company reported second quarter worldwide revenue of $7.345 billion, an increase of
The Department of Finance announce on Thursday, November 17, that they have launched a competition to appoint investment banks to help coordinate in a potential Initial Public Offering (IPO) of
Push notification platform Hurree has raised more than £200,000 online since launching a crowdsourcing campaign on Crowdcube less than two weeks ago. Created by Aaron Gibson, described by the Belfast
Minister Mary Mitchell O’Connor has announced that new legislation will allow Irish SME’s involved in research and development activities to avail of a lower corporation tax rate of 6.25% in
A Dublin-based fintech startup has raised €725,000 in its seed funding. Plynk, an online platform that acts as Europe’s first money messaging app, has received investment from Bank of Ireland’s
ACI Worldwide has announced the opening of its new European data centre in Limerick, that will add 50 new jobs to the existing workforce of nearly 100. The provider of
The application process is now underway for Accenture’s Fintech Innovation Lab, which invites start-ups in the fintech space to participate in this mentoring and collaboration accelerator. Fintech continues to be
A senior Central Bank official has warned that, while progress is being made by Irish banks on non-performing loans, they remain far too high. Addressing delegates at a Banking and
US-based fintech company, Yapstone, has held the grand opening of its international headquarters at a new, 16,000 sq ft office
More than three quarters of banks from around the world fear the impact that fintech could have on their business,
PayPal has invited Irish charities to apply for bursaries totalling €13,500, in order to help people and businesses that struggle
Permanent TSB Group has said in a trading statement today that trading has been in line with expectations and that
DZ Bank Ireland, has become the latest former IFSC bank to hand back its Branch in Dublin. The bank, which in
Swiss bank Credit Suisse has announced that it will cut 2,000 jobs at its global markets business. The latest cuts
Credit Agricole has promised stable investor returns and a solid capital base in the future as the French bank outlined
Microfinance Ireland has said 930 jobs were supported in small companies last year, after it approved €5.4m worth of loans.
Investment bank Credit Suisse is to open a trading floor in Dublin and will hire up to 100 staff here
The National Asset Management Agency predicts a €2 billion surplus by the time it completes its work, according to management at the
The Government launches today a new five-year science strategy, which aims to double total spending on research and development in
The European Union commission has opened a formal state aid investigation into allegations that fast food giant McDonald’s received a
Allied Irish Banks, p.l.c. (AIB) today successfully agreed to issue €500 million fixed rate resettable T1 perpetual contingent temporary write-down
Pfizer’s deal to buy-out Allergan was formally announced yesterday the 23rd November, it will be one of the largest corporate takeovers in
French investment firm Eurazeo has said that it plans to pay up to €335m to buy 90 percent of Irish
Swiss bank, Credit Suisse, is on course to become the first international bank to set up a major trading floor in
AvantCard, one of Ireland largest credit card company is to cut nearly a quarter of it’s workforce at it’s Carrick-on-Shannon
Bank of Ireland said it approved €3.6bn of new credit for Irish business in the nine months to the end
Consumers will be able to opt out of rounding and 1c and 2c coins will still be legal tender. Rounding
The stimulus boost provided by Budget 2016 is likely to increase economic volatility, ratings agency Fitch has said. The ratings
The final Budget before the General Election will see Fine Gael and the Labour Party seek to appeal to working
Minister for Finance Michael Noonan will wait until after Budget 2016 to nominate a successor to outgoing Central Bank governor
Lending by Ireland’s 354 credit unions slumped to a 15-year low of €3.5 billion in the 12 months to June
The additional €1.5bn of spending increases and lower taxes planned for Budget 2016 is not needed in an economy already
In its latest quarterly Irish Economy Monitor, the company said that its previous forecasts for GDP, of growth of 4pc
Zurich Insurance Group abandoned an offer for RSA Insurance Group because it expects a loss in its own general insurance
Bank of America-Merrill Lynch, the corporate banking arm of the massive US institution, has shifted $9 billion (€8 billion) of
Donegal Investment Group has reported revenues which were down €500,000 in the first six months of the year as a
Quad play player Eircom has reported its first year-on-year growth in seven years with revenues up 5pc to €325m. The
The initiative aims to offer help in business mobility, digital training, sales, marketing and business productivity for companies within the
The increase in authorised capital in the US-owned Phillips 66 Whitegate Refinery is confirmed in documents lodged with the Companies
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