merrion street

Banks operating in Ireland (i.e. both covered and non-covered banks) continue to reduce their level of borrowing from the ECB...

The Minister for Finance, Mr. Michael Noonan T.D, announced today that he is nominating Mr. Sean Donlon to the Board of the European Bank for Reconstruction and Development (EBRD). Upon ratification by the EBRD Mr Donlon will replace Mr Eoin...

Banks operating in Ireland (i.e. both covered and non-covered banks) continue to reduce their level of borrowing from the ECB. During April total utilisation of ECB facilities by banks in Ireland declined by €0.3 billion (c.0.6%) to c.€52.8 billion...

Headline deposits at covered banks remained stable in March at €155.6bn, increasing by c.€0.9bn (c.+0.6%) during the month due to strong Retail inflows. On a constant currency basis, underlying deposits were c.€1.5bn higher month...

I would like to thank Matthew Elderfield for his work as Deputy Governor Financial Regulation and wish him every success in his future career. He took up this post at a period of great financial instability in Ireland and has played a key role in greatly...

Headline deposits at covered banks remained stable in February at €154.8bn, increasing by c.€0.5bn (c.+0.3%) during the month due to inflows of deposits from Corporate and Non-Banking Financial Institutions. On a constant currency basis...

Finance Minister Michael Noonan today announced that the Bank Guarantee (the Eligible Liabilities Guarantee Scheme (ELG) Scheme) will end...

Following a decision by the Cabinet, the Minister for Finance has today (26th February 2013) announced that the...

The Irish Presidency has this morning helped broker an agreement on behalf of EU member states on new rules to stabilise eurozone economies. The new rules, the ‘Two Pack’, will improve budgetary and economic coordination among eurozone...

Finance Minister Michael Noonan today confirmed that agreement has been reached with Great-West Lifeco for the sale of Irish Life for €1.3 billion with an additional dividend of €40 million being paid to the State prior to completion.