Month: June 2012

Lending to households continues to fall

Lending to households continues to fall

Lending to households in Ireland fell again last month by €264 million. New figures from the Central Bank show loans to households continued to decline during May. They were 3.9% lower on a year-to-year basis following a decline of 4% for the year ending April…
Mortgage arrears rise at AIB

Mortgage arrears rise at AIB

The level of mortgages in arrears in AIB has risen to 16%, the bank revealed today. At its AGM in Dublin, chairman David Hodgkinson forecast a further increase in the number of loan impairments this year before stabilising at the end of 2012. AIB says…
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