Manufacturing sector continues to contract Business conditions in the manufacturing sector continued to deteriorate in July, new figures show. Business • 01 Aug 23
Manufacturing sector continues to contract Business conditions in the manufacturing sector continued to deteriorate in July, new figures show. Business • 01 Aug 23
AIB comes in below EU average in bank stress tests AIB's key capital ratio would dip just below the average 10.4% of other European banks in an adverse economic shock scenario, EU wide bank stress tests have revealed. Business • 28 Jul 23
AIB comes in below EU average in bank stress tests AIB's key capital ratio would dip just below the average 10.4% of other European banks in an adverse economic shock scenario, EU wide bank stress tests have revealed. Business • 28 Jul 23
First half losses up at Ulster Bank as exit continues Ulster Bank recorded an operating loss of £295m over the first six months of the year in the Republic of Ireland, as it continued to wind down its operations. Business • 28 Jul 23
First half losses up at Ulster Bank as exit continues Ulster Bank recorded an operating loss of £295m over the first six months of the year in the Republic of Ireland, as it continued to wind down its operations. Business • 28 Jul 23
AIB upgrades guidance after strong H1 profits AIB has today raised its full-year guidance for the second time in three months after almost doubling its first-half profits thanks to higher interest rates and an influx of new customers. Business • 28 Jul 23
AIB upgrades guidance after strong H1 profits AIB has today raised its full-year guidance for the second time in three months after almost doubling its first-half profits thanks to higher interest rates and an influx of new customers. Business • 28 Jul 23
Permanent TSB to increase rates for deposit accounts Permanent TSB is set to increase the rates it pays to depositors from 9 August. Business • 21 Jul 23
Permanent TSB to increase rates for deposit accounts Permanent TSB is set to increase the rates it pays to depositors from 9 August. Business • 21 Jul 23
June sunshine boosted spending in pubs and restaurants The June sunshine boosted spending in pubs by 28% compared to the previous month, new figures from AIB show. Business • 19 Jul 23
June sunshine boosted spending in pubs and restaurants The June sunshine boosted spending in pubs by 28% compared to the previous month, new figures from AIB show. Business • 19 Jul 23
Synch Payments delayed over regulatory requirements Synch Payments, the money-transfer system being rolled out by the main retail banks here, is to be delayed after the Central Bank said it requires regulatory approval before it begins operating. Business • 06 Jul 23
Synch Payments delayed over regulatory requirements Synch Payments, the money-transfer system being rolled out by the main retail banks here, is to be delayed after the Central Bank said it requires regulatory approval before it begins operating. Business • 06 Jul 23
Manufacturing slump drags employment lower - PMI A slump in manufacturing activity deepened slightly last month, hitting a fresh three year low and leading to a fall in employment in the sector for only the second month across that period, a survey showed today. Business • 03 Jul 23
Manufacturing slump drags employment lower - PMI A slump in manufacturing activity deepened slightly last month, hitting a fresh three year low and leading to a fall in employment in the sector for only the second month across that period, a survey showed today. Business • 03 Jul 23
AIB to increase fixed and variable mortgage rates AIB is set to increase its fixed and variable mortgage rates in Ireland by an average of 0.46%. Business • 29 Jun 23
AIB to increase fixed and variable mortgage rates AIB is set to increase its fixed and variable mortgage rates in Ireland by an average of 0.46%. Business • 29 Jun 23
Govt stake in AIB falls below 50% after share sale Minister for Finance Michael McGrath has sold another 5% of the State's stake in AIB, which sees the bank exiting majority ownership for the first time since the financial crisis over a decade ago. Business • 28 Jun 23
Govt stake in AIB falls below 50% after share sale Minister for Finance Michael McGrath has sold another 5% of the State's stake in AIB, which sees the bank exiting majority ownership for the first time since the financial crisis over a decade ago. Business • 28 Jun 23
State to sell further 5% stake in AIB The Minister for Finance is to sell another 5% of the State's stake in AIB, which would see the bank exiting majority ownership for the first time since the financial crisis over a decade ago. Business • 27 Jun 23
State to sell further 5% stake in AIB The Minister for Finance is to sell another 5% of the State's stake in AIB, which would see the bank exiting majority ownership for the first time since the financial crisis over a decade ago. Business • 27 Jun 23
Joint venture 'AIB life' launches, creating 100 jobs AIB life, a joint venture between AIB and Great-West Lifeco has officially launched. Business • 20 Jun 23
Joint venture 'AIB life' launches, creating 100 jobs AIB life, a joint venture between AIB and Great-West Lifeco has officially launched. Business • 20 Jun 23
AIB increases interest rates for deposit holders AIB and EBS have increased their interest rates on a number of deposit accounts to 2%. Business • 13 Jun 23
AIB increases interest rates for deposit holders AIB and EBS have increased their interest rates on a number of deposit accounts to 2%. Business • 13 Jun 23
AIB becomes financial partner of Farm Zero C project AIB has become the exclusive financial institution partner of the Farm Zero C project, based in Shinagh, outside Bandon, West Cork. Business • 12 Jun 23
AIB becomes financial partner of Farm Zero C project AIB has become the exclusive financial institution partner of the Farm Zero C project, based in Shinagh, outside Bandon, West Cork. Business • 12 Jun 23
Manufacturing activity dips at fastest pace in 3 years Manufacturing activity shrank at its fastest pace in three years in May on sharp falls in output and new orders that reflected contractions in its global peers' markets, a survey showed today. Business • 01 Jun 23
Manufacturing activity dips at fastest pace in 3 years Manufacturing activity shrank at its fastest pace in three years in May on sharp falls in output and new orders that reflected contractions in its global peers' markets, a survey showed today. Business • 01 Jun 23
Hospitality spend jumps in April, overall spend flat Spending in hotels, pubs and restaurants increased last month, according to new debit and credit card data from AIB. Business • 18 May 23
Hospitality spend jumps in April, overall spend flat Spending in hotels, pubs and restaurants increased last month, according to new debit and credit card data from AIB. Business • 18 May 23
AIB faces shareholder criticism over deposit rates The chief executive of AIB has defended the bank's decision to only partially pass on ECB interest rate increases to deposit holders, amid shareholder accusations at its AGM that the bank is "short-changing" savers. Business • 04 May 23
AIB faces shareholder criticism over deposit rates The chief executive of AIB has defended the bank's decision to only partially pass on ECB interest rate increases to deposit holders, amid shareholder accusations at its AGM that the bank is "short-changing" savers. Business • 04 May 23
Weak demand hits production in manufacturing sector The downturn across Ireland's manufacturing sector deepened at the start of the second quarter of the year amid a sharper contraction in factory production and a sustained decline in new orders. Business • 02 May 23
Weak demand hits production in manufacturing sector The downturn across Ireland's manufacturing sector deepened at the start of the second quarter of the year amid a sharper contraction in factory production and a sustained decline in new orders. Business • 02 May 23
New share buyback to cut State's stake in AIB to 53.35% The Minister for Finance has taken part in AIB Group's 2023 share buyback programme on a directed basis, which will further reduce the State's shareholding in the bank. Business • 25 Apr 23
New share buyback to cut State's stake in AIB to 53.35% The Minister for Finance has taken part in AIB Group's 2023 share buyback programme on a directed basis, which will further reduce the State's shareholding in the bank. Business • 25 Apr 23
AIB supports for staff affected by domestic violence AIB has expanded the range of practical supports it offers staff experiencing domestic violence and abuse including ten days' fully paid leave a year. Business • 24 Apr 23
AIB supports for staff affected by domestic violence AIB has expanded the range of practical supports it offers staff experiencing domestic violence and abuse including ten days' fully paid leave a year. Business • 24 Apr 23
Festivities and holidays helped boost spending in March Average daily spending increased by 4% in March compared to the previous month. Business • 20 Apr 23
Festivities and holidays helped boost spending in March Average daily spending increased by 4% in March compared to the previous month. Business • 20 Apr 23
EBS and Haven increase some variable mortgage rates AIB units, EBS and Haven, are to increase the interest rates they charge on certain variable rate mortgages. Business • 18 Apr 23
EBS and Haven increase some variable mortgage rates AIB units, EBS and Haven, are to increase the interest rates they charge on certain variable rate mortgages. Business • 18 Apr 23
AIB recognised for its green loan book AIB has announced that it has become the first bank in the world to secure a scientifically validated electricity generation maintenance target from the global Science Based Target Initiative (SBTi). Business • 06 Apr 23
AIB recognised for its green loan book AIB has announced that it has become the first bank in the world to secure a scientifically validated electricity generation maintenance target from the global Science Based Target Initiative (SBTi). Business • 06 Apr 23
800 BoI customers had some debt written down since 2016 Bank of Ireland has told an Oireachtas committee that since 2016 around 800 of its customers experiencing financial difficulty have had an element of their outstanding mortgage debt written down following the sale of the property held as security. Business • 24 Mar 23
800 BoI customers had some debt written down since 2016 Bank of Ireland has told an Oireachtas committee that since 2016 around 800 of its customers experiencing financial difficulty have had an element of their outstanding mortgage debt written down following the sale of the property held as security. Business • 24 Mar 23
AIB Group Chief Technology Officer to leave the bank AIB's Group Chief Technology Officer is to leave the bank. Business • 23 Mar 23
AIB Group Chief Technology Officer to leave the bank AIB's Group Chief Technology Officer is to leave the bank. Business • 23 Mar 23
