Managing the New Irish Property Bubble

Managing the New Irish Property Bubble The Irish Central Bank is commendably, if somewhat controversially, addressing itself to introducing new rules of thumb to discourage any repetition of over enthusiastic bank lending in the current property recovery. Among proposed ‘norms’ are the suggestion of a modest multiple of joint family income( Loan To Income) , […]
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Whatever Happened to Irish Credit Unions?

Whatever Happened to Irish Credit Unions? The difficulties experienced by many Irish credit unions have been evident since at least 2007 but have been masked until  relatively recently by consistent, if unwitting  under-reporting of arrears.  Only more recently, as new loans have become unavailable and loan books have contracted, has the true level of arrears […]
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