Ballyhea Says No – Week 250 – Why we persevere
by Diarmuid O’Flynn Last Sunday we marked week 250 of the Ballyhea Says No campaign against the imposition of odious bank-debt on the Irish people. In the days before and after I was asked many times – how have ye kept going? How do ye persevere with a cause that gets so little publicity? My […]
Banks must deliver a comprehensive and competitive service to farmers – IFA
In the past week the IFA has met with the CEOs and heads of agribusiness in the three main commercial banks: Bank of Ireland, Allied Irish Bank and Ulster bank. Commenting on the meetings, IFA Deputy President Tim O’Leary said, “The IFA has met with the banks and expressed the key banking issues of […]
Government Bank Friendly Policies Questioned by MEP
The announcement that the Bank of Ireland is to make banking significantly more difficult for customers and especially for older people, and those living in rural areas, emphasised the expanded role which credit unions and post offices must be allowed to play in the financial services sector. This was the view of Independent MEP Marian […]
Senator Craughwell launches new policy to help those in Mortgage Arrears
Senator Gerard Craughwell has today launched a new policy document setting out five simple steps to assist those in mortgage arrears. The policy proposes a Credit Rating Amnesty, Independent Certificates of Affordability, Communications Protocols, Dedicated personal contacts and advances on Rent Allowance. ‘The problem of mortgage arrears is choking our economy. We need to focus […]
New Beginning slams Ulster Bank Mortgage write-off offer
New Beginning notes the Ulster Bank proposal today involving the possible debt write down for people who surrender their homes. Ross Maguire, Founding Member of New Beginning, said: This is a proposal designed to make Ulster Bank money and their customers homeless. People should be very careful here and get independent advice before […]
New protocol needed for negotiations between banks & small businesses in financial difficulties
The Irish Farmers’ Association (IFA), the Vintners Federation of Ireland (VFI), Irish Property Owners Association (IPOA) and RGDATA have come together to send a clear message to the Government that the current basis on which negotiations between banks and small businesses in dealing with credit difficulties, is not working. In a joint statement issued […]
Danske Announcement Places Onus on Goverment to Keep Remaining Banks Honest
IFA President John Bryan said the decision by Danske bank to end its operations here is another blow for competition in the banking sector, and places an onus on the Government to keep the remaining banks honest. John Bryan said, “Following on from the announcement by ACC last week, this move by Danske reduces […]
Banks Must Continue to Support Farmers Under Cashflow Pressure Due to Fodder Problems – Doyle
Following a meeting of the IFA Farm Business Committee, National Chairman Tom Doyle has reiterated his call for the banks and other stakeholders in the agri-food sector to support farmers under cashflow pressures and help them to work towards a sustainable position during the year ahead. He said, “With strong product prices, there is a […]
The AET condemns the government enabling eviction
The Anti Eviction Taskforce strongly condemns the intentions of the Irish Government in seeking to change the 2011 Judgment on the Land and Conveyance Law Reform Act 2009. This Judgment currently makes it difficult for banks to gain repossession orders and has been one of the few protections available to distressed mortgage holders. Its existence is a […]
Banks Approach To Farm Families Must Maintain Viable Businesses – IFA
At the start of 2012, IFA President John Bryan has called on all banks to engage constructively with farmers and small businesses, whose debt levels are threatening the viability of otherwise sustainable businesses. He said “IFA is promoting a loan-restructuring strategy with banks where farmers would agree to dispose of non-core assets, with the […]
