Healy O'Connor

Banks ‘Helping 30,000 Mortgage Holders’

As many as 30,000 mortgage holders are being facilitated by the banks due to their difficulties in meeting their monthly repayments, according to the Irish Banking Federation. Banks are working with their customers to help them though the current difficult period that has resulted in over-lending by the banks and over-borrowing by some of their […]

Pension Fund Lost €3.7bn on Banks

Almost €4 billion from the National Pension Reserve Fund which was invested in Bank of Ireland and Allied Irish Bank last year has been written off, according to the annual report of the Comptroller and Auditor General. The report shows that up to the end of 2010, the NPRF invested €11.35 billion in Ireland’s two […]