Search Results for 'Interest'
4 results found.
Stop gift-wrapping your hard earned money for your bank
Returns on deposit related products are at an all-time low with the average deposit rate being offered by various financial institutions hovering around 0.25%. Despite Deposit Interest Retention Tax (DIRT) of 41% being reduced to 39% from 1st January next, the return on your deposits are depressingly low.
Naughton welcomes reconsideration of deposit rule
The comments by the Governor of the Central Bank, Patrick Honohan, that he may consider a relaxation of the imposition of a 20 per cent deposit rule on new mortgage applicants have been welcomed by Sen Hildegarde Naughton.
New report shows action on moneylenders urgently needed — Ruane
Responding to the lasted Central Bank report on the licensed money lending industry, Sinn Féin Castlebar town councillor Therese Ruane has called for action to be taken to curb the interest rates charged by these services, which according to her are “making exorbitant profits on the backs of hard pressed families”.
Pass on the interest rate cut, lobby groups tell banks
Business lobby groups have welcomed the .5 per cent reduction in interest rates announced on Wednesday by the European Central Bank (ECB) and have demanded that the full benefit be passed on immediately by the banks.
