sustainability

KBC rules out debt writedowns

The chief executive of KBC Bank John Reynolds has said that the bank is not writing off debt for their most hard-pressed customers. Yesterday, the Governor of the Central Bank Patrick Honohan said permanent debt relief is needed for some people. He also said that…

AIB increases mortgage rates by 0.5%

General, Home, Mortgages & Money, Property News, The First Time Buyer

AIB will increase its variable mortgages rate by half a percentage point from 3.5% to 4% from Tuesday November 13th. This is the second rate rise by the bank in as many months and will add around €30 a month to people’s mortgage repayments per…