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KBC Bank already operates six 'hubs' across the country

KBC Bank Ireland to open five new outlets

KBC Bank Ireland said it would open five new outlets in the country by the end of this year.

Stephen Donnelly said that Mr Kenny had made a very politicised attack on Fianna Fáil in the Dáil

TD Stephen Donnelly quits banking inquiry

Independent TD Stephen Donnelly said he is quitting the Oireachtas Banking Inquiry as the actions of Taoiseach Enda Kenny have made it no longer credible.

News • 16 Jun 14

The losses come on the back of the near-collapse of the Co-operative Group's banking arm

Britain's Co-Op Group announces £2.5bn annual loss

Britain’s Co-operative Group has announced annual losses of £2.5 billion after suffering the worst crisis in its history following the near-collapse of its banking arm.

Business • 17 Apr 14

The ECB will now have the power to shut down euro zone banks deemed to be too weak to function

MEPs approve law for wind-up of problem banks

European lawmakers have signed off on new laws to make it easier to shut problem banks after long wrangling over rules for an industry blamed for triggering the economic crisis.

Business • 15 Apr 14

Citi's figures were boosted by improving credit quality

Citigroup sees 3.5% increase in quarterly earnings

Citigroup has reported slightly higher quarterly earnings, as lower expenses and credit losses helped offset revenue declines in mortgage finance and trading.

Business • 14 Apr 14

AIB is planning to introduce a temporary rate cut in the second quarter of the year

AIB may cut rates for struggling homeowners

AIB is considering slashing interest rates for some mortgage holders who are in arrears.

Business • 24 Mar 14

Mario Draghi said Irish banks needed to address the large stock of non-performing loans

Draghi says Irish banks have 'outstanding issues'

The President of the European Central Bank has said Ireland's banks face "outstanding issues which still require to be addressed".

Business • 24 Mar 14

KBC Bank Ireland said it expected to return to profit by 2016

KBC Bank Ireland reports €864m loss in 2013

KBC Bank Ireland has reported a loss of €864 million for the year following loan impairment costs of €1.06 billion.

Business • 13 Feb 14

NAMA said it held €4.3 billion in cash or cash equivalent balances by the end of 2013

NAMA generated €5.8bn in cash during 2013

NAMA generated €5.8 billion in cash during 2013, the majority of which came through the disposal of assets.

Business • 03 Jan 14

José Manuel Barroso said the Irish banking sector caused one of the biggest problems in the world

Govt sources say recapitalisation talks ongoing

Government sources have insisted that the possibility of the EU's permanent bailout fund, the European Stability Mechanism, retroactively recapitalising Irish banks is still a work in progress.

News • 20 Dec 13

Bill Prasifka said he expected the amount of identical complaints being brought to his office would fall in the first quarter of 2014

Frustration as banks contest identical complaints

The Financial Services Ombudsman has told RTÉ "it is a source of frustration" to his office that some banks contest hundreds of identical individual complaints through his office.

News • 25 Nov 13

European Central Bank President Mario Draghi and European Commission Vice-President Olli Rehn are attending the meeting

Eurozone ministers discuss plan for failing banks

The 18 finance ministers of the eurozone, including Minister for Finance Michael Noonan, are meeting in Brussels to try to agree on how failing banks should be wound-up.

News • 14 Nov 13

The higher rate of DIRT is to be unified with the exit tax on investment funds

Higher rate of DIRT, levy on banks

The higher rate of DIRT - and the exit tax applying to life assurance policies and investment funds - are to be set at 41% from next year.

Business • 15 Oct 13

So far, Berlin has insisted the 28-nation bloc needs to amend its Treaty to fix banks

Berlin prepares post-election plan for banks

Germany is working on a plan that would allow the completion of a euro zone banking union without changing existing EU law.

News • 14 Sep 13

Mario Draghi said the move marked a 'real step forward in setting up a banking union'

EU grants ECB powers for single banking framework

Europe has taken a significant step forward in its ambitions to create a single banking framework for the euro zone after EU lawmakers granted new powers to the European Central Bank to oversee the currency bloc's banks.

Business • 12 Sep 13

Rabobank Ireland is a subsidiary of the Dutch banking group

Rabobank Ireland made €41.7m profit in 2012

Rabobank Ireland made a €41.7m profit after tax in 2012, according to the company.

Business • 17 Jul 13

AIB's losses were over $5bn - putting it behind those at RBS

AIB's losses fifth biggest globally - report

AIB’s latest losses are the fifth biggest of any bank in the world, according to The Banker magazine’s latest Top 1,000 World Banks ranking.

Business • 02 Jul 13

The meeting was chaired by Michael Noonan, who said another meeting had been scheduled for Wednesday

EU finance ministers fail to reach bank agreement

EU finance ministers have failed to reach agreement on how to wind up failed banks.

News • 24 Jun 13

Mobile commerce transactions are set to be worth $1.5 billion this year

Mobile transactions to be worth $3.2bn by 2017

The value of transactions carried out using mobile phones will reach $3.2 trillion by 2017, new research published today suggests.

Business • 19 Jun 13

The US Federal Reserve surveys banking districts across the country for its Beige Book

Moderate growth reported in US Fed's Beige Book

Strong auto sales, hiring gains and a continued housing recovery helped the US economy grow throughout the country in January and February, according to a survey released by the country’s Federal Reserve.

Business • 06 Mar 13

The Central Bank currently limits the number of times a bank can contact a mortgage defaulter every month

Banks may be allowed more contact with defaulters

The Central Bank may give lenders more freedom to chase homeowners who default on mortgages in an attempt to beef up their timid response to a crisis that threatens the country's recovery, a source has said.

Business • 22 Jan 13

Eleven agree to Financial Transaction Tax

Eleven euro zone countries have agreed to push ahead with a tax on their financial transactions, an initiative that several other EU nations oppose.

Business • 09 Oct 12

European finance ministers are meeting in Luxembourg

No changes to ground rules on Anglo talks - Noonan

Minister for Finance Michael Noonan has said the ground rules on negotiating the Anglo promissory notes had not changed.

News • 09 Oct 12

Delays on Irish bank debt deal 'not surprising'

Central Bank Governor Patrick Honohan has said "it was not surprising" talks on resolving Ireland's bank debt issue has suffered from "two steps forward and one step back."

News • 27 Sep 12

Antony Jenkins named new Barclays CEO

Barclays bank has named its retail and business banking boss, Antony Jenkins as its new chief executive.

Business • 30 Aug 12