image description

News

Banking industry will continue to deliver a range of solutions to meet customers’ individual circumstances throughout level 5 lockdown and beyond

20th October 2020

Banking & Payments Federation Ireland, the representative body for the banking industry in Ireland, said today that its members have been with their customers throughout the Covid-19 pandemic and will remain with them to the end of this pandemic. Members recognise the financial challenges that moving to Level 5 poses for many people and will be giving their full support to customers over the next six weeks and beyond.

BPFI welcomes Code of Conduct on commercial rents

1st October 2020

Banking & Payments Federation Ireland (BPFI) welcomes today’s publication by the Government of a new Code of Conduct on commercial rents. This new voluntary code, which has been developed through consultation between Government and stakeholders, sets out principles of engagement for both landlords and tenants and urges commercial landlords to show forbearance to tenants struggling to meet their obligations due to Covid-19 related pressures.

Wide range of solutions available for customers coming off Covid-19 six-month payment breaks

28th September 2020

The CEOs of the five retails banks (AIB, Bank of Ireland, KBC, PTSB and Ulster Bank DAC) and their representative body BPFI today said that a wide range of solutions were being made available for customers coming off the special Covid-19 six-month payment breaks and that following an assessment of each customer’s situation, a solution that reflected their individual circumstances, would be put in place.

Mortgage Approvals: month-on-month growth trend continues, states BPFI

25th September 2020

Banking & Payments Federation Ireland (BPFI) has today published the latest figures from the BPFI Mortgage Approvals Report for August 2020, showing almost 3,900 mortgages approved valued at €946 million, FTB approvals up in value and volume year-on-year.

 

House completions likely to be down by 14% in 2020, says BPFI

17th September 2020

House completions should be around 18,000 units in 2020, down from over 21,000 in 2019 or some 14% year on year and similar to 2018 levels, according to the latest Housing Market Monitor from Banking & Payments Federation Ireland (BPFI).

BPFI: Helping Business to Access Credit at Discounted Rates

15th September 2020

A Guide to the Government Covid-19 Credit Guarantee Scheme has been published today by Banking and Payments Federation Ireland (BPFI) to coincide with the full opening and availability of the scheme by the three main banks, AIB, Bank of Ireland and Ulster Bank. The Guide is being strongly recommended to all businesses who may be thinking about utilising the Scheme to access credit at discounted rates.