In the Irish market – reflecting a wider trend – traditional banks’ loss has been NBFIs’ gain.
A robust export-led economy has helped Ireland survive Covid-19 lockdowns, and shore it up against Brexit.
In response to Covid-19, Irish banks have offered customers payment breaks and upped their digital game.
Tougher Covid-19 restrictions in Q4 could cause asset quality to deteriorate and NPLs to rise.
Ireland's banks are on the comeback trail, slashing NPL ratios. However, the continued state ownership in the country's three largest banks clouds the picture.
Seamus Murphy, the chief digital officer at Allied Irish Banks, talks to Joy Macknight about delivering key enabling technologies, tooling and frameworks to speed up the bank’s digital transformation.
The crisis at Portugal’s Banco Espirito Santo has raised fresh doubts about the recovery of banks in the peripheral eurozone.
Ireland was the first sovereign to tap the syndicated bond market in 2014, cementing its return to normal financing after the country's exit from its rescue programme.
As Ireland waves farewell to the programme of financial support that has shored up the country’s economy since the crisis, spectres still loom on the horizon for Ireland’s banking sector in the shape of credit reviews and stress-tests.
The Banker’s Finance Minister of the Year awards celebrate the officials who managed to restore economic stability and even growth to their countries following a turbulent few years.
Asset quality in Greece deteriorated sharply, while remaining weak in Spain, Ireland and Slovenia. By contrast, non-performing loans are falling steadily in the US.
Renewed access to capital markets for both the sovereign and the two largest banks has prompted hopes that Ireland will be able to exit multilateral support programmes successfully by the end of 2013.
Bank of Ireland avoided nationalisation against the odds, and has even managed to obtain wholesale funding via bilateral transactions. BoI group treasurer Sean Crowe explains the formula.
The chaos that ensued when the unprecedented economic mess that Ireland had found itself in has calmed, and the country's new government is beginning the unenviable task of repairing its financial system.
Brendan Mcdonagh, who heads the agency set up to help recapitalise Ireland's troubled banks, admits its task is not easy, but says it is making progress.
The Irish government has opted for a 'bad bank' to save the nation's finances by buying up bad loans. With some experts unconvinced this was the best solution, only time will tell if the gamble pays off. Writer Philippa Maister
As Ireland reels from its banking woes, a fierce debate is under way as to whether the government's 'bad bank' solution will be enough to open a route to recovery or whether widespread bank nationalisation is a more realistic option. Writer Philippa Maister
The Banker invites CEOs from around the world to discuss the economic climate in their country and institution, and their hopes for the future
Dublin’s aspirations of becoming a major European centre for the issuance of covered bonds have been dealt a heavy blow by two German banks.
Ireland continues to be a magnet for foreign banks conducting international business, and some are now targeting the domestic retail market. Michael Imeson reports from Dublin.