Banking
Amy Forde on 15 Sep 2021
Over €135m in long-term loans drawn down by farmers
The Future Growth Loan Scheme is a long-term loan of between seven and 10 years offered by the Strategic Banking Corporation of Ireland (SBCI).
Margaret Nolan on 26 Jul 2021
Money Mentor: is closing bank branches the new masterplan in Irish banking?
Money Mentor Margaret Nolan discusses if closing bank branches is the new masterplan in Irish retail banking.
Noel Bardon on 22 Jul 2021
Bank closures ‘undermining’ the rural economy – ICSA
The ICSA has criticised banks for closing branches in rural areas, a move the organisation says is damaging to communities.
Amy Forde on 21 Jul 2021
Over 1,000 farmers accepted to COVID-19 Credit Guarantee Scheme
The farming, forestry and fishing sector has drawn €45.2m from the COVID-19 Credit Guarantee Scheme to-date.
Darren Carty on 07 Jul 2021
Negative interest rates to cost marts up to €30,000
Marts must maintain substantial funds in their client account to comply with PSRA requirements with this money now set to costs many marts dearly.
Margaret Nolan on 28 Jun 2021
Money Mentor - State to sell Bank of Ireland shares, AIB agrees deal with UB
Money Mentor Margaret Nolan outlines the Government's plans to sell Bank of Ireland shares, and AIB Bank agrees deal with Ulster Bank.
Phelim O'Neill on 22 May 2021
Winds of change: it has been a year like no other
COVID-19, Brexit and the agri-food strategy 2030 are each momentous occurrences and they combine to make this a unique time for Irish agriculture and food. Phelim O’Neill reports
Hannah Quinn-Mulligan on 12 May 2021
Low-cost loans: average draw down over €180,000
The low-cost loan scheme is not exhausted but a new scheme is on the cards for farmers.
Niall Hurson on 21 Apr 2021
ABP to introduce electronic payment option
Farmers want to reduce their contacts in response to COVID-19 with many seeing traditional cheque and remittance statement as outdated during the pandemic.
Niall Hurson on 19 Apr 2021
KBC’s exit plan further erodes competition in banking sector - IFA
The IFA has said that efforts must be made to attract foreign lenders into the Irish market by reforming the financial capital requirements.
Amy Forde on 16 Apr 2021
KBC Bank looks to exit Irish market with loan sale to Bank of Ireland
On Friday, KBC Bank announced it had entered into talks with Bank of Ireland, which could result in the latter acquiring all of KBC's performing loan assets and liabilities.
Niall Hurson on 24 Mar 2021
Factories urged to introduce electronic payment
Farmers have requested that bank transfers be made available in response to COVID-19 and a reducing banking infrastructure nationally.
Niall Hurson on 24 Mar 2021
SBCI confirms plan for €330m loan scheme set to open to farmers
The scheme will be derived from the European guarantee fund and is set to open in the third quarter.
Niall Hurson on 23 Mar 2021
SBCI confirms plan for €330m loan scheme will be open to farmers
The scheme will be derived from the European guarantee fund and is set to open in the third quarter.
David Wright on 10 Mar 2021
Historic appeal cases have decision to make
There is a prospect that some unsuccessful appeals relating to area based schemes in NI could be looked at again
Amy Forde on 04 Mar 2021
Access to financial services is crucial for rural Ireland – Cullinan
It is clear that rural Ireland is now more dependent than ever on the post office network, IFA president Tim Cullinan has said.
The Dealer on 03 Mar 2021
Credit where it's due for the Credit Unions
With our banking sector contracting so much, the importance of credit unions to rural Ireland continues to grow.
Trevor Boland on 03 Mar 2021
Farmer Writes: we must leave no one behind as the world moves online
Trevor Boland acknowledges while change and technology is inevitable, we must not leave large parts of society or the rural economy behind in a move to the online world.
Niall Hurson on 01 Mar 2021
Bank of Ireland plans to close rural branches widely condemned
The bank is set to close 88 of its branches from September, reducing its network by one-third.
Caitríona Morrissey on 01 Mar 2021
Bank closures in rural Ireland: have your say
Both Bank of Ireland and Ulster Bank are to scale back and withdraw services from many rural towns and villages. We want to know how you feel about it.