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Russian President Vladimir Putin has vowed to open an account at Bank Rossiya on Monday

Visa, Mastercard block some Russian banks

Visa and MasterCard have stopped servicing the credit cards of customers using Russian banks affected by the economic sanctions announced in the US.

Business • 21 Mar 14

ECB set to reveal how it will define euro zone banks' bad loans

ECB to reveal bad loan hurdles for bank tests?

The EBC's stance on how bad loans are defined will be one of the biggest revelations to the euro zone's largest banks when it details tomorrow how it will test balance sheets.

Business • 11 Mar 14

Michael Noonan and said it was important that 'very good economists' get involved in the national debate

Minister for Finance welcomes Morgan Kelly warning

Minister for Finance Michael Noonan has suggested that the Central Bank make contact with economist Morgan Kelly following his warning that the European Central Bank is planning a "clean-up" of Irish banks.

Business • 10 Mar 14

Fitch affirms its credit rating on Ireland with a stable outlook

Fitch keeps Ireland rating at BBB+

Ratings agency Fitch has affirmed its credit rating on Ireland with a stable outlook.

Business • 21 Feb 14

Michael Noonan said rising property prices would help bolster banks' balance sheets

Noonan confident of banks' capital levels

The Minister for Finance has said he is confident Irish banks will pass European Union stress tests later this year and will not require any extra capital.

Business • 11 Feb 14

Some customers have been withdrawing larger sums since fees were introduced

14% of current account holders unaware of fees

New research on the cost of consumer banking has revealed that 28% of customers now withdraw larger sums from ATMs due to the fee payable for each withdrawal, while 14% do not know if they are being charged fees.

News • 11 Feb 14

FCA said that £306m had been paid out by Britain's biggest four banks to small firms

UK banks speed up payouts for mis-selling to SMEs

Britain's biggest banks have still paid out only a fraction of the more than £3.75 billion sterling they have set aside to compensate small firms for mis-sold hedging products.

Business • 04 Feb 14

Central Bank sees increases in consumer spending and investment in business

Central Bank says reducing debt key to progress

The Central Bank is forecasting an improvement in the Irish economy this year, with increases in consumer spending and investment by businesses.

Business • 29 Jan 14

Irish banks have continued to reduce their reliance on ECB loans

Irish bank deposits stable in December

The volume of deposits at Irish banks was largely stable in December 2013 at around €154 billion, according to the Department of Finance.

Business • 24 Jan 14

European Commission's Olli Rehn said that the Spanish programme had worked

Spanish jobless rate tops 26% at end of 2013

Spain's unemployment rate rose above 26% in the final quarter of 2013, official data showed today.

Business • 23 Jan 14

Moody's is expected to raise its outlook on Ireland's credit rating to positive from stable tomorrow

Moody’s may keep Ireland at junk status - analysts

The Government may be left disappointed by Moody's Investors Service, as analysts forecast that it will leave the country's credit ranking at junk for now.

Business • 16 Jan 14

Mario Draghi chairs the Group of Governors and Heads of Supervision of the Basel oversight committee

Regulators ease new bank rule

Global banking regulators have agreed to ease the way a new rule is compiled to try to avoid crimping financing for the world's economy.

Business • 13 Jan 14

Central Bank chief Patrick Honohan says market confidence due to 'rigorous adherence to fiscal goals'

Confidence due to 'adherence to fiscal goals'

Central Bank Governor Patrick Honohan has said that the EU-IMF programme for Ireland "delivered what it said on the tin".

Business • 10 Jan 14

Barclays, Citi, Danske Bank, Davy, Deutsche Bank and Morgan Stanley are expected to launch and price new 10 year bond in 'near future'

NTMA aiming to raise €3 billion with 10 year bond

The National Treasury Management Agency is to make its first post-bailout sale of Government bonds in the coming days - possibly as early as tomorrow.

Business • 06 Jan 14

Central Bank's revised code set to come into effect in 2015

New corporate governance code for banks

The Central Bank has published a revised corporate governance code for banks, which is due to come into effect in January 2015.

Business • 23 Dec 13

AIB customers had problems with debit cards over the weekend

AIB card issue a 'significant inconvenience' - REI

The chief executive of Retail Excellence Ireland has said a problem affecting AIB debit cards was a significant inconvenience for consumers and is a lesson to be learned for next year.

News • 23 Dec 13

Fitch said Irish banks will probably increase loan-loss impairment charges this year

Banks may return to profitability next year: Fitch

The Fitch ratings agency has said that the economy will need "substantial fiscal consolidation" if the Government's deficit targets are to be met.

Business • 17 Dec 13

Mario Draghi said Central Bank reviews fell short of more stringent ones planned by the ECB

Irish banks remain source of 'concern' - Draghi

The Irish banking sector remains a source of "some concern", European Central Bank President Mario Draghi has warned.

Business • 16 Dec 13

ECB's Joerg Asmussen says the next ministerial meeting to reach a final deal on the bank issue could be on December 18

EU ministers aim for deal on closing bad banks

European Union countries have edged slowly towards agreeing a scheme to shut failing banks, although a final deal on wider reform to prevent a repeat financial crisis may not be reached until next week.

Business • 10 Dec 13

Finance Minister Michael Noonan in Brussels for Eurogroup meeting

No boom in Dublin house prices - Noonan

Finance Minister Michael Noonan said the new development of banks offering mortgages targeted at landlords could help alleviate problems in the rental market.

Business • 09 Dec 13

The Central Bank has assessed the overall financial situation in the country as 'fragile'

Despite recovery, Central Bank warns of challenges

The Central Bank has warned that the macro-financial environment in Ireland remains challenging, despite tentative signs of economic recovery.

Business • 06 Dec 13

Finance Minister Michael Noonan was speaking at a Bloomberg event in London today

Noonan says 'Ireland now fit for competition'

Finance Minister Michael Noonan has said that the country is now in a much better position as we exit the IMF/EU bailout programme.