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The saving rate has averaged around 14% since the middle of 2022

Savings rate moves up to 14.1% in third quarter - CSO

New figures from the Central Statistics Office show that households saved 14.1% of their income in the third quarter of this year, up from 12.9% in the second quarter of 2024.

Business • 11 Dec 24

Syria central bank says depositors' funds at banks 'safe'

Syria's central bank said today that depositors' funds in the country's lenders were "safe" after rebels took the capital, and following chaotic scenes near some official institutions.

Business • 09 Dec 24

10% said it was too much hassle to move their money to higher yielding accounts

Quarter of savers unaware better yielding rates available

New research has provided further insights into why savers are not moving their money to accounts that would provide a better return.

Business • 11 Jul 24

New entrants to the market may help to making long-term savings accounts more attractive to Irish consumers

Irish household deposits rose by €1.1 billion in May

Irish household savings rose by €1.1 billion in May when compared to April, according to data published by the European Central Bank.

Business • 28 Jun 24

Irish consumers' reliance on overnight accounts means they are not earning interest on their savings

Irish savers missing out on interest earnings

Irish household deposits have hit a record high, according to data published by the European Central Bank.

Business • 02 Apr 24

Households have in excess of €150 billion collectively on deposit in Irish banks and other institutions

Clock is ticking on enhanced deposit rate offerings

As the ECB prepares for rate cuts, much of the spotlight has fallen on mortgages, but deposit rates will also be in line for reductions. The banks hiked returns on some products in response to pressure. Will they scale back as soon as the ECB trims, leaving savers with a narrow window to act?

Business • 24 Mar 24

The service is available through the N26 app

N26 offers Irish savers instant access deposit rate of 4%

German online neobank, N26, has begun offering users in Ireland access to a higher yielding instant access savings account.

Business • 13 Mar 24

Term deposit rates fell 0.22% to 2.51% during January, new Central Bank figures show

Mortgage rates rose in January to 7th highest in eurozone

The average interest rate on new mortgages in Ireland rose in January, according to new data from the Central Bank.

Business • 13 Mar 24

The data also shows that the annual growth in consumer lending continued to accelerate in July

Rate at which household deposits are rising slows

Bank deposits by households rose at their lowest annual rate since early 2019 in July, new data from the Central Bank shows.

Business • 31 Aug 23

While the banks have not passed the full extent of rate increases on to fixed and variable rate mortgage holders, they have also limited the scope of rate increases that they offer to depositors

Call on state to intervene on household deposit rates

The state should step in and provide better returns to consumers on their deposits, a financial expert has said.

Business • 01 Aug 23

EBS has announced an average rate increase of 0.59% across its fixed rate residential mortgages

EBS to increase fixed mortgage rates and deposit rates

EBS is the latest lender to announce an average rate increase of 0.59% across its fixed rate residential mortgages and increases to its fixed rates for buy-to-let mortgages.

Business • 14 Mar 23

Household savings stood at €136bn at the end of last year

Household savings rose €11.3bn last year

The amount of money saved by Irish households last month rose by €1.3bn, latest data from the Central Bank of Ireland shows.

Business • 31 Jan 22

Despite the reduced saving, household deposits did still rise by €11 billion in the year to the end of November

Deposits fell by biggest amount since 2010 in November

Deposits made by Irish households fell by €1.4bn in November as consumers loosened their purse strings and increased their spending in the run-up to Christmas.

Business • 07 Jan 22

What does KBC's deal with BoI mean for customers?

KBC has agreed to sell €8.8bn in performing loans and €4.4bn in deposits to Bank of Ireland, as part of its plan to exit Ireland. But what does all that mean for customers?

Business • 22 Oct 21

Household deposits have risen by 14% over the last year

Household deposits reach new record level of €128bn

Household savings reached another high in February of nearly €128bn as people reduced their spending due to the Covid-19 pandemic.

Business • 31 Mar 21

New Central Bank figures show that credit has fallen by 7.9%, the largest annual decrease since the third quarter of 2012

Loans to SMEs see biggest drop since 2011 - bank

Loans to small and medium sized businesses have fallen by their biggest amount since the low point of the last recession, new Central Bank figures show.

Business • 09 Dec 20

New Central Bank figures show that the outstanding amount of household deposits stood at €123 billion in October

Deposits in Irish banks hit record high - Central Bank

Deposits by households paid into Irish banks and financial institutions are now at their highest level since records began.

Business • 30 Nov 20

The overall resilience of the property market during the second quarter of this year contributed to the increase in households' net worth

Household net worth hits record high by the end of June

A large rise in deposits and fall in debt saw household net worth rising to a record €817 billion in the second quarter of this year, according to figures from the Central Bank.

Business • 13 Nov 20

Commerzbank warns that its 2019 profit would come in lower than last year

Commerzbank mulls charging millionaires for deposits

Germany's second-largest lender Commerzbank said it was mulling charging wealthy private customers for their deposits, as it seeks to pass on the hurt from the European Central Bank's negative interest rates.

Business • 07 Nov 19

Household deposits grew by €1.8 billion in the first three months of this year

Household deposits see biggest increase since 2008

Household deposits grew by €1.8 billion, or 1.8%, over the first quarter of 2019, new figures from the Central Bank show today.

Business • 18 Jun 19

In February, the Dutch lender announced that it was withdrawing from the Irish market

RaboDirect's Irish operations to cease today

RaboDirect customers have until this 7pm to close their online accounts with the bank and transfer any funds elsewhere.

Business • 16 May 18

Permanent TSB's CEO Jeremy Masding confident for the future of the bank

Permanent TSB reports after-tax loss of €266m for 2016

Permanent TSB has reported an after-tax loss of €266m for 2016 after €414m of exceptional items - relating to deleveraging and restructuring - are taken into account.

Business • 08 Mar 17

The Central Bank said that Rush Credit Union members should start receiving their payments from today

Rush Credit Union members get their deposits back

The Central Bank has issued compensation payments by cheque to about 9,700 members of Rush Credit Union in north Co Dublin.

Business • 11 Nov 16

Central Bank figures show that loans to households fell by 3.1% last month

Banks hold €7 billion more in deposits than loans

New figures from the Central Bank show that loans to households decreased by 3.1% in August compared with to the same time last year.

Business • 30 Sep 16

The KBC Bank Ireland's Home Buyer survey was carried out by Ignite Research

New Home Buyer survey shows pent-up demand

32% of the adult population said they were at least contemplating buying a residential property in the next 24 months as pent-up demand re-emerges, a new survey shows.

Business • 19 Sep 16