Mortgage approvals for first time buyers hits record The number of mortgages approved last month increased by 2.7% compared to a month earlier. Business • 24 Nov
First-time buyer mortgages hit highest level on record The latest Banking and Payments Federation Ireland report reveals that first-time buyers are very much dominating the mortgage market, despite headwinds from rising property prices … Business • 17 Nov
Near 50% jump in value of car loans - BPFI There has been a surge in the volume and value of car loans being issued here, according to the latest Personal Loans Report from Banking … Business • 09 Nov
Shortage of builders a risk to housing construction The lack of skilled trades people could affect growth in the economy, according to the latest SME Monitor by Banking and Payments Federation Ireland. Business • 03 Nov
Mortgage drawdowns fall 22%, driven by switching slump Mortgage drawdowns were down almost 22% between July and September when compared to the same period last year. Business • 27 Oct
A third of people don't expect to own home - survey Nearly a third of people want to own their own home but don't think they ever will, a new survey has found. Business • 20 Oct
Online payments continue to grow, cheque payments drop Online and mobile banking payments are continuing to grow in the country while usage of cheques has dropped to the lowest level since 2008. Business • 13 Oct
Mortgage switching down almost 80% on last year There was a huge drop in the number of people switching their mortgages in August compared to the same time last year, new figures show. Business • 29 Sep
BPFI: Further action needed to meet retrofitting target A new report states that further action is needed if Ireland is to meet its retrofitting targets. Business • 25 Sep
BPFI: Over 30,000 new homes could be built this year Over 30,000 new homes could be completed this year, new analysis from Banking and Payments Federation Ireland shows. Business • 12 Sep
AIB's Cathy Bryce to be first female President of BPFI The Managing Director of AIB Capital Markets, Cathy Bryce, has been appointed the first female President of the Banking and Payments Federation Ireland (BPFI). Business • 11 Sep
New support measures for mortgage holders The main Irish bank and non-bank lenders have agreed a new set of criteria designed to provide clear guidance to mortgage holders whose loans are … Business • 06 Sep
Mortgage approvals fall in July despite FTB activity A slowdown in the market meant the number of new mortgages approved in July was down 9.7% on the same month last year and 0.4% … Business • 25 Aug
Mortgage activity slows but lending to FTB robust The volume of new mortgages drawn down by first-time buyers in the second three months of the year fell for the first time since the … Business • 26 Jul
Fraud losses reached almost €85m last year - BPFI Almost €85m was defrauded from people in Ireland last year, according to new figures from Banking and Payments Federation Ireland - an increase of 8.8% … Business • 14 Jul
First-time buyers mortgage approvals hit record high May was the busiest month for first-time buyer mortgage approvals in both volume and value terms since the figures started being collected in 2011, new … Business • 27 Jun
Mortgage approvals down almost 14% in April - BPFI A decline in the numbers of people looking to switch mortgage provider or move home led to a decline in mortgage approvals in April, according … Business • 15 Jun
Home prices rise faster than mortgage values The increase in median mortgage values was slower between 2020 and 2022 than the rise recorded in property prices over the same period, new data … Business • 24 May
Younger people more likely to invest in cryptocurrency Generational differences in investment behaviour among consumers in Ireland has been highlighted in a survey by Banking & Payments Federation Ireland. Business • 12 May
New mortgage drawdowns fell by a third in first quarter The volume and value of new mortgages drawn down in the first three months of this year fell by around a third, compared to the … Business • 28 Apr
SME-heavy services sector will need consumption boost Private consumption will need to increase in order to help the services sector deal with the expiration of Government pandemic and cost of living supports. Business • 25 Apr
Ireland the 6th largest exporter of financial services The number of international banks and investment firms operating in Ireland continues to grow, with 17 of the world's top 20 global banks now located … Business • 04 Apr
Small firms conned out of €8m through fraud last year Small firms were conned out of €8m last year as a result of cases of invoice and so-called CEO impersonation fraud. Business • 29 Mar
€17.9bn spent using contactless payments last year The value of goods bought using contactless payments last year jumped by almost a third, as the shift to cashless gathered pace. Business • 27 Mar
Switching declines leads to drop in mortgage approvals A decline in switching activity following a busy period that saw many borrowers lock in fixed rates, contributed to a fall in new mortgage lending … Business • 24 Mar
