Ireland

Results for Ireland

Nama Appoints Receivers To 36 Firms To Ease The Sale Of Their Loans

The National Asset Management Agency (Nama) has re-appointed receivers to 36 companies and borrowers to ease the sale of their loans, the reported. The State agency published a series of official notices showing that it has appointed receivers to the fi ...

Daily Headline - global.abi.org - 08/02/2016 - 23:26 - 0 comments

Irish Bank Stocks Open Lower After Stress Tests

Irish bank stocks opened down on Monday morning, as investors responded to stress tests from the European Banking Authority which placed AIB and Bank of Ireland among the worst performers in Europe, the Irish Times reported. Across Europe however, ba ...

Daily Headline - global.abi.org - 08/01/2016 - 23:54 - 0 comments

Dubai Firm With Alleged Links To Quinns Can Be Sued Here

A Dubai-based firm has failed to get a Supreme Court order aimed at preventing it being sued here over its acquisition of a multi-million euro property in India from companies controlled by members of the family of businessman Sean Quinn, the Irish Tim ...

Daily Headline - global.abi.org - 07/28/2016 - 22:53 - 0 comments

AIB To Return €1.76 Billion Of Bailout Funding To The State

AIB will pay the State €1.76 billion tomorrow to redeem loan notes issued to it in July 2011 as part of its bailout from taxpayers, the Irish Times reported. This payment will involve the bank paying €1.6 billion to redeem the contingent capital note ...

Daily Headline - global.abi.org - 07/26/2016 - 23:11 - 0 comments

Eurosurgical In Liquidation Likely To Face Big Tax Liability

Hospital equipment supplier Eurosurgical is likely to owe the Revenue Commissioners a substantial sum when the company’s final tax liability is calculated by its liquidator, the Irish Times reported. The High Court recently appointed George Maloney o ...

Daily Headline - global.abi.org - 07/25/2016 - 22:14 - 0 comments

Moody’s: Bank of Ireland’s Rising Pension Deficit is Credit Negative

Moody’s Investors Service warned of a 62 percent rise in the deficit of the Bank of Ireland’s defined benefit funds, partly due to the outcome of the Brexit vote, is credit negative for the bank, Pensions & Investments reported yesterday. In a cr ...

Daily Headline - abi_admin - 07/19/2016 - 13:37 - 0 comments

Ireland Pins Growth Plan on U.S. Companies

Close economic partners of the U.K. have braced for a wave of possible fallouts after British voters sided with leaving the European Union: fewer of their workers in the U.K. and lower exports of machines and luxury cars, among other threats. But no coun ...

Daily Headline - abi_admin - 07/18/2016 - 12:06 - 0 comments

Nearly €180 Million Spent On IBRC Liquidation, Says Michael Noonan

Just under €180 million was spent in costs on the liquidation of Irish Bank Resolution Corporation from February 2013 up to the end of last year, Minister for Finance Michael Noonan has confirmed, the Irish Times reported. The Minister told Mr Dohert ...

Daily Headline - global.abi.org - 07/12/2016 - 23:33 - 0 comments

Brexit And Italian Bank Crisis Push Iseq Towards Bear Market

As Irish shares threaten to enter a bear market for the first time since 2011, the outlook may depend on two events: how the UK “bails out” of the EU and whether Italy is forced to “bail in” bondholders in its ailing banks. While the Iseq index rallied a ...

Daily Headline - global.abi.org - 07/10/2016 - 21:03 - 0 comments

Credit Unions’ Relevance Questioned Amid Lending Slump

Irish credit unions have seen their loan book shrink by 45 per cent in the past eight years, leaving their loans-to-assets ratio at a “dismal” level that raises serious questions about the movement’s future, according to a Government-commissioned report. ...

Daily Headline - global.abi.org - 07/06/2016 - 22:39 - 0 comments

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