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News

Banking Sector calls for public-private coalition to accelerate green finance agenda

24th October 2019

Banking & Payment Federation Ireland (BPFI) has today called for the immediate establishment of a public-private coalition on green finance to accelerate the delivery by banks of sustainable banking products and encourage market demand. Speaking at BPFI’s Banking on Sustainability conference Brian Hayes, CEO, BPFI outlined where the banking industry is currently at on the sustainability agenda and the collaborative action that is required both within the sector and by Government to ensure banks can deliver fully and quickly on their role in the Government’s Climate Action Plan.

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.