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Mortgage approvals soar but would-be buyers wait on supply

29th April 2019

Mortgage approvals soar but would-be buyers wait on supply NEW figures show the scale of pent-up demand among would-be home buyers with approvals running well ahead of mortgage drawdowns. Figures from the Banking and Payments Federation, which represents lenders, show that 8,577 new mortgages to the value of €1.884bn were drawn down by borrowers during […]

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Mortgage approvals soar but would-be buyers wait on supply

29th April 2019

Mortgage approvals soar but would-be buyers wait on supply NEW figures show the scale of pent-up demand among would-be home buyers with approvals running well ahead of mortgage drawdowns. Figures from the Banking and Payments Federation, which represents lenders, show that 8,577 new mortgages to the value of €1.884bn were drawn down by borrowers during […]

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Govt wants Central Bank in financial sector forum

29th April 2019

Govt wants Central Bank in financial sector forum New structures to encourage the development of international financial services will include bringing the Central Bank into a new stakeholder engagement group with industry and see overall responsibility for promoting the sector shifting to the Department of Finance. A new strategy for the sector will be launched […]

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Govt wants Central Bank in financial sector forum

29th April 2019

Govt wants Central Bank in financial sector forum New structures to encourage the development of international financial services will include bringing the Central Bank into a new stakeholder engagement group with industry and see overall responsibility for promoting the sector shifting to the Department of Finance. A new strategy for the sector will be launched […]

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Increase in value and volume of mortgages drawn down

29th April 2019

Increase in value and volume of mortgages drawn down There was an 8.9% increase in the number of mortgages drawn down in Ireland in the first quarter of this year, according to the body representing the banking, payments and fintech sectors. Figures published by the Banking & Payments Federation Ireland show 8,577 new mortgages, to […]

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Increase in value and volume of mortgages drawn down

29th April 2019

Increase in value and volume of mortgages drawn down There was an 8.9% increase in the number of mortgages drawn down in Ireland in the first quarter of this year, according to the body representing the banking, payments and fintech sectors. Figures published by the Banking & Payments Federation Ireland show 8,577 new mortgages, to […]

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Rich nations must help workers adapt to automation, says OECD

26th April 2019

Rich nations must help workers adapt to automation, says OECD Robots and computers threaten 14% of existing jobs over the next 20 years, so countries must retrain workers for a transformed labour market, the Organisation for Economic Cooperation and Development has warned today. In a report, the OECD estimates that in addition to the destruction […]

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Prize Bonds sales reach €574m in 2018 as fund grows to €3.4 billion

26th April 2019

Prize Bonds sales reach €574m in 2018 as fund grows to €3.4 billion The Prize Bond Company has reported gross sales of €574m, the second highest year on record after sales of €567m in 2017 and €670m in 2016. The Prize Bond Company, which administers prize bonds on behalf of the National Treasury Management Agency, […]

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90.3% of new SME lending from top three lenders – Central Bank report

26th April 2019

90.3% of new SME lending from top three lenders – Central Bank report A new report on lending to small and medium sized businesses (SMEs) shows that credit demand remains low, while over 90% of new lending comes from the main three lenders here – AIB, Bank of Ireland and Ulster Bank. The Central Bank’s […]

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Record number of women in workforce

25th April 2019

Record number of women in workforce A record number of women were in the workforce last year, according to the latest figures from Eurostat, with 78,000 more women at work than in 2014. Overall, there was in excess of 804,700 women in the labour market, resulting in a participation rate of 77.2%, up from 72.5% […]

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