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News

FIBI Chairman Derek Kehoe’s remarks at the 2019 annual FIBI lunch

17th October 2019

As Chairman of the Federation of International Banks in Ireland (FIBI), I’m very pleased to welcome you all to our annual lunch.  We are honoured to have as our guest speaker William De Vijlder, Group Chief Economist with BNP Paribas Bank.  We are also very pleased to have among our invited guests, Minister Michael D’Arcy, Minister of State at the Department of Finance; and Deputy Michael McGrath, Fianna Fáil Spokesperson on Finance.

Banks in Ireland rank well in EBA measures

10th October 2019

Banks in Ireland have ranked well in the latest quarterly Risk Dashboard published by the European Banking Authority (EBA). The Dashboard summarises the main risks and vulnerabilities in the EU banking sector, as well as providing useful comparative data on the banking sector across individual EU countries.

Borrower-Lender Engagement is Key to Finding Resolution to Mortgage Arrears

30th September 2019

Constructive engagement with lenders is key to borrowers in mortgage arrears finding workable resolutions, according to Banking & Payments Federation Ireland (BPFI); and in many cases this enables people to stay in their homes. The most recent figures from the Central Bank of Ireland show that some 94,000 private dwelling home (PDH) mortgage accounts were restructured at end-June ’19; and the vast majority of these are working for both borrower and lender in that almost 4 out of 5 are not in arrears.

Mortgage approvals in August showed continued year-on-year growth

26th September 2019

Almost 4,400 mortgages to the value of €968 million were approved in August. Some signs of slower growth in August in comparison to previous months of the year. Banking & Payments Federation Ireland (BPFI) has published the latest figures from the BPFI Mortgage Approvals Report for August 2019.

Older Irish people losing almost six times more money to scammers than younger generation – FraudSMART Survey

23rd September 2019

A new FraudSMART survey from Banking & Payments Federation Ireland (BPFI) today reveals the average sum of money stolen in Ireland by fraudsters is €1,005, but the figure rises to €1,320 among older people aged 55+ and is almost six times the amount stolen from young adults aged 18-24, which totalled €228. On average, a third (33%) of Irish people say they have lost money to a fraudster.

Budget could be used to help consumers and SMEs on greater energy efficiency

17th September 2019

As part of its pre-Budget submission published today, Banking & Payments Federation Ireland (BPFI) is today advocating for state funded sustainability grants to be extended and made more widely available for consumers and businesses. The submission makes a series of key recommendations including the incentivising of home owners and landlords to undertake deep-retrofits and extending supports such as the Carbon Footprint Grant and Project Assistance Grant to all SMEs.

Strong SME Focus in Pre-Budget Submission from Banking & Payments Federation

9th September 2019

There is a particularly strong SME focus in this year’s pre-Budget submission from Banking & Payments Federation Ireland (BPFI).  The submission makes a series of proposals to enhance a number of existing provisions that would greatly benefit small and medium-sized businesses all over the country.