CREDIT UNIONS may be unable to pay dividends on savings in 2009 because of massive writedowns in the value of their investment assets, the Irish League of Credit Unions has warned.
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Some credit unions may be unable to pay dividend
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Banks defend their position on rates
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Bank of Ireland says mortgage arrears stabilising
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Property prices 'may fall by 9%'
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Losses of enterprises in 2009 to exceed profits by 20%
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Banks in Ireland have to raise capital
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Personal finance commitments fall
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Lenders fail to pass on rate reductions
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Companies face serious financial problems
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Banks' funding risks 'a key vulnerability'
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Reserve bank leaves rates on hold
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Bank earnings tipped to fall
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'Not the time to invest for recession'
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Money market savings account yields --
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Distinction between market risk and credit risk has been blurred:
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Bank depositors to earn negative interest
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Savers hit by interest rate cuts