New initiative will allow account holders to switch to mainstream banks to escape higher interest charges
Finance Ireland
Framework will allow more people to save money by switching from credit service providers to mainstream banks
Lenders were initially slow to pass on the uptick in interest rates to customers here but have now begun to catch up
But bank saw decline in UK and international corporate lending during the period
Mapping Ireland’s Bank Closures: More than a third of bank branches have closed since 2008 and the future seems likely to hold more of the same
Price comparison website Bonkers.ie says moves by lenders to hike rates will lead to a fall in property prices
Business Today: the best news, analysis and comment from The Irish Times business desk
Borrowers who have received loan offers have until April 17th to close on current rates
Lender is in process of withdrawing from market in the Republic
Non-bank lender says it will increase variable rate products by 1 per cent from March 16th
Appointment follows Laurence Flavin's decision to leave medical device company
Bank lobby group says higher home deposits or longer mortgage terms are the best ways to cut level of monthly payments
Terms of 10 or more years will not be offered, says non-bank lender
YOU MAY ALSO LIKE...
Rugby World Cup: match analysis, interviews, fixtures and results
Inquests into the nightclub fire that led to the deaths of 48 people
Weddings, Births, Deaths and other family notices