Germany’s biggest lender, Deutsche Bank, is expected to announce plans to reach a minimum 3% overall equity to loans ratio in the next two and a half years.
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Vodafone and BT Ireland are vying to partner ESB in building a €400 million super-fast fibre network, which will be strung across ESB poles and run directly into homes and businesses. It will be open for use by all internet providers in the market, and will provide serious competition in some areas for Eircom’s €1.5… Read more »
Ireland has met its commitments under the bailout programme and successfully concluded the latest EU/IMF review, the Department of Finance has said.
THE Irish and British governments are poised to unveil an economic master plan designed to deepen integration between the two countries.
The Irish Congress of Trade Unions has accused the Government of inflicting a grave injustice on thousands of workers by failing to address inadequacies in pension rules.
Bank of Ireland said it approved €1.9bn in lending to SMEs in the first half of 2013 – an 18pc increase on the first six months of 2012.
Standard & Poor’s has upgraded its outlook on Ireland’s credit rating today, saying its debt may fall faster than expected.
Ratings agency Standard & Poor’s has a more optimistic view of the Irish economy as it changes its outlook from stable to positive.
Euro zone factory output fell in May for the first time in four months, data showed on Friday, suggesting a fragile and uneven recovery in the bloc that is struggling with record joblessness and renewed political tensions in southern Europe. Industrial production in the 17 countries using the single currency fell 0.3 percent on the… Read more »
Bank of Ireland has today secured EU regulatory approval to hold on to its assurance unit, New Ireland Assurance Company. But under a new restructuring plan agreed with the European Commission, the bank will still have to sell other units. Bank of Ireland was currently restricted on paying dividends until December 2015. Under the new… Read more »