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ATM withdrawals drop 44%, as cash payments fall rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.
Opening statement by Minister Donohoe to Seanad Ãireann on the Future of Banking in Ireland Thank you Cathoirleach for the opportunity to discuss the future of banking this afternoon. I will open todayâs discussion by updating you on what I see as some of the key issues: the impact of COVID-19 and our response; the changing retail financial sector environment and the challenge for banks to secure an appropriate return; as well as the continuing effort to improve regulation and rebuild trust in the banking system in this country through measures such as the Senior Executive Accountability Regime (SEAR). ....
Betting on drones, mortgages defying Covid, and beating the online scammers Business Today: the best news, analysis and comment from The Irish Times business desk about 4 hours ago Bobby Healy’s drone delivery service Manna has secured a €21 million investment from listed VC group Draper Esprit as it looks to scale up the business and be ready to cover markets across Europe by 2023 as regulators sanction such services. Charlie Taylor has the details. Mortgage activity continues to defy the Covid-19 lockdown as approvals and drawdowns remaining strong in the first quarter for 2021 with drawdowns in the first quarter at their highest level since 2009, according to the Banking and Payments Federation of Ireland. Eoin Burke-Kennedy looks at the numbers. ....
FTB mortgage drawdowns at highest Q1 level since 2007 Updated / Thursday, 29 Apr 2021 06:00 Almost 5,000 mortgages were drawn down by first time buyers in the first three months of this year, the highest quarter one level since 2007, according to new figures from Banking and Payments Federation Ireland. In total, just over 9,000 mortgages worth €2.1 billion were drawn down by borrowers between January and March, the highest volume in the first quarter of any year since 2009. Despite level 5 restrictions remaining in place for the full three months, the number of drawdowns increased by 4.5% compared to the first quarter of last year, while the value was up 7.3%. ....