5 tips to keep online shoppers safe from fraud
Updated / Wednesday, 23 Dec 2020
09:54
Up to ten million online transactions are expected to be carried out over the busy Christmas shopping period, AIB has predicted
AIB is urging consumers shopping online this Christmas to be vigilant and beware of signs of potential fraud as more people are expected to be shopping online than ever before.
Up to ten million online transactions are expected to be carried out over the busy Christmas shopping period.
Many retailers now plan to start their sales on Christmas Day, which means that consumers will be shopping online by default if they want to grab an early bargain.
Mortgage approval values at highest level since 2011
Updated / Tuesday, 22 Dec 2020
08:46
Mortgage approval values are at their highest level since BPFI began collating this data in 2011
New figures show that the number of mortgages approved fell by 0.2% in November on a monthly basis, while they rose by 24.3% compared with the same time last year.
Banking & Payments Federation Ireland said that a total of 5,198 mortgages were approved in November.
First-time buyers (FTBs) were approved for 54.4% of the total volume of these new mortgages while mover purchasers accounted for 26.4%.
Today s figures also reveal that mortgages approved in November were valued at €1.281 billion. First-time buyers accounted for €692m of these home loans and mover purchasers for €388m.
Ireland is 8th largest exporter of financial services in the world
Written by Robert McHugh, on 18th Dec 2020. Posted in Ireland
A new report into Ireland’s international banking sector shows that Ireland is now the eighth largest exporter of financial services in the world and is the fifth largest exporter of financial services in Europe.
Its contribution to Ireland’s corporate tax receipts has also jumped significantly with financial corporations alone, accounting for almost a quarter of Ireland’s corporation tax in 2019.
The report, which examines the contribution of the international banking community to the Irish economy, has been published by Banking & Payments Federation Ireland (BPFI) in conjunction with its affiliate the Federation of International Banks in Ireland (FIBI).
Russell Bryce Ireland now the 8th largest exporter of financial services in the world and financial corporations account for almost a quarter of corporate tax receipts – new FIBI Report
International financial services support Ireland with over 46,000 jobs and €1.4 billion in direct spend in the economy A new report into Ireland’s international banking sector shows that Ireland is now the eighth largest exporter of financial services in the world and is the fifth largest exporter of financial services in Europe. Its contribution to Ireland’s corporate tax receipts has also jumped significantly with financial corporations alone, accounting for almost a quarter of Ireland’s corporation tax in 2019.
3,000 jobs in pipeline due to new finance law Independent.ie 18/12/2020 John Mulligan
An extra 3,000 jobs could be created in Ireland’s fund industry by 2025 after a new financial services bill comes into law, it has been predicted.
Irish Funds, which represents 140 members with $4.9 trillion (€4 trillion) of funds under their umbrella, said the new legislation could attract up to €20bn a year in global private capital to Ireland.
The Investment Limited Partnerships (Amendment) Bill, which has just been passed in the Dáil, should enable companies here to expand their private equity, infrastructure, renewables and property finance offerings.
“This is game-changing in terms of Ireland’s global competitiveness and will enable and drive new business and opportunities, as well as retain business which has previously been lost overseas,” said Pat Lardner, the chief executive of Irish Funds.