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News

BPFI statement on payment breaks and accrued interest

8th July 2020

In a comprehensive statement issued today by Banking & Payments Federation (BPFI), BPFI Chief Executive Brian Hayes has stated “The Irish payment break moratoria including the accrual of interest is, always has been and remains fully in line with EBA Guidance.”

Mortgage approvals down in May

26th June 2020

Banking & Payments Federation Ireland (BPFI) has today published the latest figures from the BPFI Mortgage Approvals Report for May 2020.

Banking industry confirms new 30 September deadline date for new payment break applications

18th June 2020

Banking & Payments Federation Ireland (BPFI) Chief Executive Brian Hayes has welcomed the announcement by the EBA to extend the deadline date for new payment break applications to 30th September, however he said he expected the demand for such breaks to taper in the weeks ahead given the rapid fall in applications already seen by the industry in recent weeks following the lifting of Covid-19 restrictions and its impact on the economy and employment.