Business News

Property-related loans accounted for 30pc of total new lending to non-financial sector SMEs last year, the Central Bank has said. Lending to non-financial sector small and medium sized businesses jumped by over €1bn – or close to a third – in 2016 compared with the same period in 2015. “The main driver of the increase […]

Property-related loans accounted for 30pc of total new lending to non-financial sector SMEs last year, the Central Bank has said. Lending to non-financial sector small and medium sized businesses jumped by over €1bn – or close to a third – in 2016 compared with the same period in 2015. “The main driver of the increase […]

Rental costs have continued to increase but there are signs that the rises may be moderating. Private sector rents were up 7.37pc in the year for the first three months of the year. But the increase was less than 0.1pc when compared with the three previous months, according to the Residential Tenancies Board, the State […]

Rental costs have continued to increase but there are signs that the rises may be moderating. Private sector rents were up 7.37pc in the year for the first three months of the year. But the increase was less than 0.1pc when compared with the three previous months, according to the Residential Tenancies Board, the State […]

House prices are not overvalued here even if they are rising strongly, the Central Bank has said. Prices have risen by about 50pc since they bottomed out in 2013, but are still 31pc below their peak. Prices have climbed more than 10pc in the past year alone, sparking fears of another property bubble. A global […]

House prices are not overvalued here even if they are rising strongly, the Central Bank has said. Prices have risen by about 50pc since they bottomed out in 2013, but are still 31pc below their peak. Prices have climbed more than 10pc in the past year alone, sparking fears of another property bubble. A global […]

The European Union plans to give itself powers to move euro clearing business away from London’s financial sector to the EU after Brexit and to adopt a model closer to that operated by the United States. The draft law would, as a last resort, force euro-denominated clearing business to shift from London to the bloc […]

The European Union plans to give itself powers to move euro clearing business away from London’s financial sector to the EU after Brexit and to adopt a model closer to that operated by the United States. The draft law would, as a last resort, force euro-denominated clearing business to shift from London to the bloc […]

Until recently Euro clearing was an obscure corner of the financial markets that mattered mostly to the people who worked in it and their clients. Clearing is part of the plumbing that keeps financial markets churning along. Clearing houses stand between the parties to big financial trades and speed up what can be complex transactions. […]

Until recently Euro clearing was an obscure corner of the financial markets that mattered mostly to the people who worked in it and their clients. Clearing is part of the plumbing that keeps financial markets churning along. Clearing houses stand between the parties to big financial trades and speed up what can be complex transactions. […]