Business News

NAMA completes transfer of €2 billion to Exchequer

2nd July 2020

The National Asset Management Agency has completed its transfer of €2 billion to the Exchequer.   The sum represents half the expected surplus from NAMA’s operations. The agency made the announcement at the publication of its annual report today.  The expected balance of an additional €2 billion will be paid over the next two years. […]

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NAMA completes transfer of €2 billion to Exchequer

2nd July 2020

The National Asset Management Agency has completed its transfer of €2 billion to the Exchequer.   The sum represents half the expected surplus from NAMA’s operations. The agency made the announcement at the publication of its annual report today.  The expected balance of an additional €2 billion will be paid over the next two years. […]

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NTMA due to hold two bond auctions in third quarter

2nd July 2020

The National Treasury Manangement Agency said today it plans to hold two bond auctions in the third quarter of this year. The NTMA said it will hold bond auctions on July 9 and September 10. The agency is also planning three Treasury Bill sales and these are pencilled in for July 16, August 20 and […]

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NTMA due to hold two bond auctions in third quarter

2nd July 2020

The National Treasury Manangement Agency said today it plans to hold two bond auctions in the third quarter of this year. The NTMA said it will hold bond auctions on July 9 and September 10. The agency is also planning three Treasury Bill sales and these are pencilled in for July 16, August 20 and […]

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EU reopens to outside visitors in bid to save tourism

2nd July 2020

The European Union has reopened its borders to visitors from 15 countries, but excluded the United States where deaths are rising again and a top health official warned the country was heading in the “wrong direction”. The final list of nations safe enough to allow residents to enter the EU did not include Russia, Brazil or […]

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EU reopens to outside visitors in bid to save tourism

2nd July 2020

The European Union has reopened its borders to visitors from 15 countries, but excluded the United States where deaths are rising again and a top health official warned the country was heading in the “wrong direction”. The final list of nations safe enough to allow residents to enter the EU did not include Russia, Brazil or […]

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Covid-19 committee hears SMEs call for more Govt funding to survive

1st July 2020

The Oireachtas Special Committee on Covid-19 Response has heard calls for more help for small and medium businesses affected by the pandemic. The Chair of SME Recovery Ireland, John Moran, told politicians that small and medium businesses across Ireland are dying and need more funding to help them to survive. In his opening statement, Mr Moran called […]

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‘Lenders have responsibility to borrowers’ – BPFI

1st July 2020

The chief executive of Banking Payments Federation Ireland has said it is not unreasonable for banks to look closely at applicants coming forward for mortgages and loans.  Brian Hayes’ comments follow news of AIB’s stricter lending guidelines as a result of the impact of Covid-19.  Mr Hayes said that lenders have a responsibility to borrowers.  He […]

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‘Lenders have responsibility to borrowers’ – BPFI

1st July 2020

The chief executive of Banking Payments Federation Ireland has said it is not unreasonable for banks to look closely at applicants coming forward for mortgages and loans.  Brian Hayes’ comments follow news of AIB’s stricter lending guidelines as a result of the impact of Covid-19.  Mr Hayes said that lenders have a responsibility to borrowers.  He […]

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Spend yesterday approached pre-Covid levels – Revolut

1st July 2020

Hairdressers, barbers, spas, chiropractors and dentists were among the big beneficiaries of the Phase 3 reopening of the economy yesterday, according to transaction data from Revolut. Pubs and restaurants also got a boost from the restart of business, although to a lesser extent than the other big winners. Excluding online shopping, overall spending yesterday by […]

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