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Ireland Banking News. Service for global professionals. Constantly updated news and information about Ireland.
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Latest Ireland Banking News

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  • Bosses at big two banks are quizzed 25 Nov 2009 13:56 GMT
    ... Bank chief from AIB and Bank of Ireland faced questions on lending and other issues ... NAMA had already improved the situation for Irish banks, and that it would have enormous ... Agency in order to support a functioning banking system, and aid economic recovery. The bank's ...

  • Ireland: 300,000 public service workers strike 25 Nov 2009 09:04 GMT
    ... Up to 300,000 public service workers in Ireland struck November 24 against proposals by the Irish government to impose devastating spending cuts in the ... governments for their financial systems and ruined banks. The Irish government’s National Management Agency (NAMA) ...

  • Bank of Ireland 'won't need more state aid' 25 Nov 2009 12:36 GMT
    ... Bank of Ireland 'won't need more state aid' Bank of ... Agency in order to support a functioning banking system, and aid economic recovery. The bank's ... their constituents about lending and what the banks say. Answering questions from the committee, Bank ...

  • UPDATE 2-Bank of Ireland EU plan sees no more state bailout 25 Nov 2009 17:11 GMT
    ... DUBLIN, Nov 25 (Reuters) - Bank of Ireland does not foresee the need for further ... the EU. 'With these restructuring plans, the banks have to demonstrate to the commission that ... before the end of this year. The Irish government has said it was ready to help ...

  • Bank of Ireland says won't need more state aid 25 Nov 2009 11:55 GMT
    ... Bank of Ireland 'won't need more state aid' Bank of ... Agency in order to support a functioning banking system, and aid economic recovery. The bank's ... changing norms for European retail and commercial banks. Answering questions from the committee, Bank of ...

  • Bundesbank fears relapse as banks face fresh losses 25 Nov 2009 18:11 GMT
    ... Bundesbank fears relapse as German banks face €90bn ... Europe than in America. The history of banking crisis, notably in Japan, shows that there ... most reckless, building large liabilities `off-books' through Irish-based investment vehicles. Paradoxically, Europe's bank problems help ...

  • Germany fears relapse as banks face 90bn losses 25 Nov 2009 22:15 GMT
    ... The danger is that a long phase of stagnation ... Europe than in America. The history of banking crisis, notably in Japan, shows that there ... most reckless, building large liabilities `off-books' through Irish-based investment vehicles. Paradoxically, Europe's bank problems help ...

  • Bank of Ireland tells Office of the European Competition Commissioner that it will not require any more State aid 25 Nov 2009 14:37 GMT
    ... Bank of Ireland's group chief executive Richie Boucher said limits ... the economics of the deposit side of banking Sheehy said that after NAMA is enacted, ... provides of 40% of lending to the Irish SME sector. ...

  • Floods destroy schools, roads, houses, across Ireland 25 Nov 2009 19:32 GMT
    ... College have shut down, roads are closed, plane-landings ... worst flooding in 800 years. burst its banks, and thousands of families have been left ... hit, but all areas are affected. The Irish government has put together an emergency committee to ...

  • EBS and Irish Nationwide begin formal talks on a potential merger 25 Nov 2009 01:50 GMT
    ... THE COUNTRY'S two building societies, the Educational Building Society ... societies, the Educational Building Society (EBS) and Irish Nationwide, have commenced formal discussions on a potential ... that Irish Nationwide's €2 billion in residential mortgages will be transferred to EBS after €8.3 ...

  • Irish public sector pay cuts spur mass strike 25 Nov 2009 03:32 GMT
    ... Irish public sector pay cuts spur mass strike ... fault and not the fault of the bankers and the rich people who brought down ...

  • Ireland lab earns blood bank accreditation 25 Nov 2009 21:24 GMT
    ... The Blood Bank in the laboratory at Ireland Army Community Hospital has been granted AABB ... AABB (formally the American Association of Blood Banks) continued accreditation according to Dr. (Lt. Col.) Stephen ...

  • Four banks have exposure to PIC's insolvency 25 Nov 2009 22:33 GMT
    ... The SPAR supermarket chain in Arad, which is facing ... euros in debt, 80% of which to banks and leasing companies. "Everybody believes Mondex has ... paid for stores in mall-type... Mivan Kier North-Irish company, which built the Liberty Center mall and ...

  • Allied Irish says wants to keep Polish unit 25 Nov 2009 14:50 GMT
    ... DUBLIN, Nov 25 (Reuters) - Allied Irish Banks would like to keep its Polish unit BZ WBK, outgoing Chief Executive Eugene Sheehy ...

  • Ireland - Problems on the farm 25 Nov 2009 00:41 GMT
    ... FARM families, already suffering from falling incomes and a ... roads closed after swollen rivers burst their banks. Farmers are struggling to get feed to stranded ...


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