Debt toll: Caution urged over Buy Now, Pay Later apps The 'Buy Now, Pay Later' market is booming, with big names like Apple and Revolut entering the fray; but experts are warning consumers to be … Business • 09 Jul
Card transactions reveal jump in spending in June Spending in bars rose 237% in June as restrictions on the sector eased further, new figures from Bank of Ireland show. Business • 07 Jul 21
Credit Review Office to be put on statutory footing The Government is bring forward draft legislation that will put the Credit Review Office (CRO) on a statutory footing. Business • 06 Jul 21
Electric Ireland gives vulnerable customers €100 credit Electric Ireland said today it would credit the bills of about 10,000 of its registered vulnerable customers with €100 credit each. Business • 15 Dec 20
Loan refusal rates increase from 24% to 36% - ISME A new survey reveals a significant increase in the level of loan refusals to small and medium sized companies in the second quarter of this … Business • 20 Jun 18
SME loan refusal rates rise to 28% from 23% - ISME A new survey from the Irish Small and Medium Enterprises Association shows an increase in the number of refusals for credit. Business • 16 Jun 17
ECB survey sees buoyant lending growth in Q2 Banks across the euro zone are set to expand lending further in the second quarter, despite the European Central Bank's ultra-easy monetary policy eroding profitability. Business • 25 Apr 17
Number of home loans down by 2.4% year on year The number of home loans fell by 2.4% during the first three months of the year compared to the same time last year, according to … Business • 15 Jun 16
Irish SMEs least likely to apply for bank loans Newly published research from Trinity College Dublin shows that Irish-based SMEs are least likely to apply for bank loans because of fear of rejection. Business • 25 Apr 16
ECB's money printing has small impact on lending Europe's battered financial sector is showing further signs of mending and banks are increasingly competing for custom by easing credit standards, a key European Central … Business • 19 Apr 16
Bank credit refusal rates improve slightly - ISME ISME's latest quarterly Bank Watch survey finds that 43% of its members that approached banks for credit between December and February were refused. Business • 07 Mar 16
Growth in euro zone private sector loans picks up Growth of loans to the private sector in the euro area picked up fractionally in January, European Central Bank data showed today. Business • 25 Feb 16
Loans for mortgages down 2.4% in October - bank New figures from the Central Bank show that loans given out to Irish households fell by 2.5% year on year in October. Business • 30 Nov 15
CRO seeing improved SME trading figures The head of the Credit Review Office has told the Oireachtas Jobs Committee that the office welcomes the improvement in the trading figures of the … Business • 10 Nov 15
Rise in turnover and credit approval rate for SMEs Nearly half of Irish SMEs have reported an increase in turnover in the last six months, while credit approval has risen to 85%. Business • 09 Nov 15
ECB says euro zone bank sector on the mend Europe's battered financial sector is showing further signs of mending and banks are increasingly competing for custom by lowering credit standards, a key ECB survey … Business • 14 Jul 15
ECB study highlights credit crunch for Greek firms Companies in Spain and Germany are finding it easier to borrow but Greek firms are struggling to secure funding, the European Central Bank said today. Business • 02 Jun 15
Demand for loans in euro zone slowly stabilising Depressed demand for loans in the euro zone is continuing to stabilise, data published by the European Central Bank showed today. Business • 27 Nov 14
Improvement in SME credit approvals - survey Almost three quarters of credit applications by SMEs were fully or partially approved in the six months to September, according to the Department of Finance. Business • 13 Nov 14
Banks show signs of relaxing loan conditions - ECB Europe's battered financial sector is showing further signs of healing and conditions for bank loans are easing while demand for loans is picking up, an … Business • 29 Oct 14
Euro zone slowdown may postpone investment: Draghi European Central Bank President Mario Draghi has said he expects bank lending, a key impediment to growth in the euro zone at the moment, to … Business • 10 Oct 14
Banks repay loans to ECB after new offer of credit European Central Bank plans to bolster lending to business were dealt another setback today after banks decided to repay billions of euros of cheap ECB … Business • 19 Sep 14
Lending to SMEs up but credit down - Central Bank New lending to small and medium-sized businesses rose in the first half of the year when compared to the same period of 2013, according to … Business • 05 Sep 14
Banks show signs of relaxing loan conditions - ECB Europe's financial sector is showing further signs of healing and conditions for bank loans are stabilising while demand for loans is picking up, a key … Business • 30 Apr 14
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 … Business • 10 Mar 14