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Irish Banking Culture Board appoints first CEO

Marion Kelly has been appointed to the role of chief executive of the Irish Banking Culture Board after an open competition.
Business • 27 Feb 20

Housing supply increasing, will take time to catch up

The Central Bank is seeing evidence of a significant supply response to a damaging scarcity of housing in Ireland but it will take a number of years to catch up, Governor Philip Lane said today.
Business • 05 Oct 18

Banks still have to work on 'consumer-focused culture'

Ireland's banks have "a distance to travel" to become more customer focused, according to a new report by the Central Bank.
Business • 24 Jul 18

S&P's says banks still not back to 'business as usual'

Rating agency Standard and Poor's has said that while the country's banks are rebuilding their creditworthiness, they are still not back to "business as usual".
Business • 26 Mar 18

Banks see pick-up in hedging as sterling rebounds

Irish banks have seen exporters to Britain take advantage of the recent strengthening in sterling to increase their currency hedging and move away from converting money via spot trades.
Business • 21 Dec 16

Government proposals signal shift in bank policy

New banking policies put forward as part of negotiations to form a new government signal a shift towards the state taking a more active role in the sector, analysts said today.
Business • 06 May 16

Moody's upgrades Irish banks' outlook to positive

Credit rating agency Moody's has revised upwards its outlook on the Irish banking system to positive from stable.
Business • 08 Dec 15

Draghi defends ECB's role in bailout programme

The President of the European Central Bank, Mario Draghi, has defended the role of the ECB in the bailout programme in Ireland, telling MEPs not to "blame fire damage on the fire fighters".
Business • 12 Nov 15

Merrill's Irish bank rescue advice €48 billion off

Merrill Lynch & Co told the Government in 2008 that it would cost €16.4 billion at most to rescue the Irish banks, a quarter of the eventual bill.
Business • 20 Mar 14

Moody's warns European banks need more cash

Banks in Ireland, Spain, Italy and Britain need to set aside much more money to cover potentially bad loans, credit ratings agency Moody's warned today.
Business • 24 Jan 13

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