- Bank of Ireland reported a full year 2014 underlying profit before tax of €921m compared with a loss of €564m in 2013, a turnaround of €1,485m.
- The bank continues to support the Irish economy and lending of €5.7bn in 2014 is almost 50% ahead of the prior year.
25.02.15Minister Noonan welcomed today's very positive QNHS figures which show that 95,000 jobs created since low point of crisis
- QHNS shows 95,000 jobs created from low point
- Unemployment rate falls below 10%
- On track for full employment by 2018
“Speaking at an investor event in London this morning (25 February), the Minister for Finance welcomed the continued evidence of strengthening in Ireland’s labour market dynamics.
The Minister for Finance, Mr. Michael Noonan, T.D. is in London from today (25th of February) to promote investment opportunities in Ireland. Today Minister Noonan will visit Bloomberg where he will speak and partake in a Q&A session. Over 200 people have already registered for the event which the Minister has been involved in for the past three years.
19.02.15Minister of State Harris TD welcomes passage of the Irish Collective Asset-management Vehicle Bill 2014
Minister of State, Simon Harris, TD, today (19-Feb-2015) welcomed the passage of the Irish Collective Asset-management Vehicle Bill 2014 (ICAV Bill).
The ICAV Bill is an important part of the Government’s strategy for the continued development of the international financial services sector and its contribution to job creation in Ireland.
16.02.15Department of Finance Launches Consultation Process on the Potential of Taxation Measures to Encourage Development of Zoned and Serviced Land
In his 2015 Budget speech, the Minister for Finance made reference to the existence of a view that owners of zoned and serviced land are waiting for higher prices before taking steps to develop their land or sell it to others who will.
12.02.15William Fry appointed as legal advisors for capital restructuring and other related matters in relation to State investment in AIB
The Department of Finance has appointed William Fry as legal advisor to the Department in relation to potential capital restructuring actions and other related matters with respect to the State's investments in AIB.
12.02.15Minister of State Harris speaks to Christian Aid conference on strengthening links between economy & society
Simon Harris, Minister of State at the Departments of Finance, Public Expenditure and Reform, opened the Christian Aid conference on The Human Rights Impact of Tax and Fiscal Policy today, 12 February.
06.02.15Early repayment of €3.5 billion in IMF Loans will result in further interest rate savings for Ireland
- Early repayment of €3.5 billion of IMF loans completed
- Next stage of Government’s strategy to deliver saving of over €1.5 billion over lifetime of loans
- Cumulative repayments of €12.5 billion to date, representing over half of the IMF facility
An agreement between the Department of Finance and the Economic and Social Research Institute (ESRI) on a research programme covering macroeconomic and taxation issues was signed today (3rd February) by Frances Ruane, Director of the Institute and by Derek Moran, Secretary General of the Department.