€26m spent a day in contactless payments in February New figures from Banking and Payments Federation Ireland reveal that 1.6 million contactless payments were made every day in February. Business • 08 Apr
Contactless payment values up by almost a third - BPFI The value of contactless payments rose by almost 30% year on year in January to €674m as consumers took advantage of the extended 'tapping' limit ... Business • 15 Mar
Big decline in buy-to-let investors in housing market There has been a sharp move away from buy-to-let mortgages to fund investments, according to the latest Housing Market Monitor from the Banking and Payments ... Business • 09 Mar
Banking Federation critical of capital reserve rules The banking industry's representative association, Banking and Payments Federation Ireland, has published a report claiming Irish banks are forced to hold three times the amount ... Ireland • 16 Feb
No spike yet in requests for Covid loan supports - BPFI Banks have not yet seen a sharp rise in customers struggling to meet loan repayments following the tightening Covid-19 restrictions, but the Banking and Payments ... Business • 08 Jan
Govt engages with banks on further repayment breaks The Government is engaging with the banking sector to ensure borrowers who need loan repayment breaks as a result of the further increase in Covid-19 ... Business • 06 Jan
Ireland the 8th largest exporter of financial services Ireland is the fifth largest exporter of financial services in Europe, according to a new report on the contribution of international banking to the economy ... Business • 18 Dec 20
Housing supply won't meet demand for at least 3 years Housing supply is unlikely to meet demand until at least the end of 2023, according to an analysis of the housing market by the Banking ... Business • 08 Dec 20
Surge in mortgage approvals driven by first-time buyers New figures from Banking and Payments Federation Ireland show that October was the busiest month for mortgage approvals since BPFI began compiling the numbers in ... Business • 01 Dec 20
Christmas shoppers urged to be wary of online fraud Consumers shopping online this week are being advised to be on the lookout for scams. Ireland • 24 Nov 20
Businesses urged to act on Brexit direct debit changes Businesses and other organisations in Ireland that use a UK-based payment service provider to process direct debits are being urged to check they are ready ... Brexit • 20 Nov 20
Q3 mortgage approvals up by a third on previous quarter There was a significant increase in mortgage approvals in September, but the value of mortgages drawn down in the latest quarter was still down significantly ... Business • 27 Oct 20
Suspected criminal activity found in CB tracker probe The Director General of Financial Conduct at the Central Bank has said the bank has reported suspected criminal activity to An Garda Síochána arising from ... Business • 21 Oct 20
Banking industry pledges support, but no blanket breaks The banking industry has said it will continue to support customers through to the end of the Covid-19 pandemic, but has stopped short of offering ... Business • 20 Oct 20
Monthly mortgage approvals rise by 14% in August New figures from Banking and Payments Federation Ireland show that the monthly growth trend in the number of approved mortgages continued in August, while they ... Business • 25 Sep 20
July mortgage approvals down 33.8% on annual basis The number of mortgages approved nationwide rose by 50.1% in July on a monthly basis, but were down by 33.8% compared with the same time ... Business • 28 Aug 20
Mortgage approvals show monthly rise in June - BPFI The number of mortgages approved in June rose by 20.4% on a monthly basis but slumped by 49.5% compared with the same time last year, ... Business • 30 Jul 20
EBA announces three month payment break extension The European Banking Authority has announced a three month extension for payment breaks on bank loans and mortgages. Business • 18 Jun 20
Covid-19 to have severe impact on housing supply - BPFI A new report on the housing market shows that while restrictions imposed to halt the spread of Covid-19 will have a huge impact on housing ... Business • 16 Jun 20
End of June deadline for bank repayment break requests Bank customers who require a break from repaying their mortgages or loans because of the impact the Covid-19 crisis is having on their finances will ... Business • 28 May 20
76% of consumers using contactless payments every week Three quarters of consumers say they now use contactless payments at least once a week, according to a survey for the Banking and Payments Federation ... Business • 22 May 20
Covid-19 crisis set to hit mortgage market activity New figures from Banking and Payments Federation Ireland show that a total of 8,728 new mortgages worth €1.996 billion were drawn down by borrowers during ... Business • 06 May 20
Banks agree to extend loan repayment breaks Banks and other lenders have today confirmed a further three-month extension to the current payment break will be made available to customers that continue to ... Business • 30 Apr 20
Mortgage approved given more time to find home Intending house purchasers who are already mortgage approved, but now need more time to find a home because of Covid-19 restrictions, are being advised that ... Business • 20 Apr 20
Banks may extend mortgage breaks to six months - BPFI The country's five retail banks may extend loan repayment breaks to help homeowners cope with the impact of the coronavirus to six months from the ... Business • 16 Apr 20
