The number of mortgages advanced for house purchases fell in the first month after Britain’s decision to leave the European Union.
The number of mortgages approved by high street banks fell to a three-month low in February but remained above the monthly average for 2016, according to the British Bankers’ Association.
Willie McAteer, the former finance director of Anglo Irish Bank, has pleaded guilty to fraudulently obtaining an €8 million loan from the bank (Conor Gallagher writes).
The former director of lending at Anglo Irish Bank, Pat Whelan, has been fined €3,000 for failing to keep a proper record of a fraudulent €8 million loan to his colleague, Willie McAteer.
The Central Bank’s admission that it does not know how many business loans have been sold to vulture funds has been described as incredible by Fianna Fail’s finance spokesman.