Latest figures from the Banking and Payments Federation Ireland show personal loans were up by 28 per cent to 49,236.

The BFPI’s latest review of the Irish mortgage market showed the sharp rise in house prices is not reflected in mortgage values.

The total value of personal loan drawdowns jumped to €1.6 billion

Monthly mortgage repayments rose by 12 per cent in the two years to the end of June

The average value of a homebuyer mortgage is now €284,623, up from the previous high recorded in the first quarter of 2008

More than €12 million from frauds was illegally transferred via money mule accounts in the first six months of the year

The Banking and Payments Federation Ireland (BPFI) noted just over 5,500 mortgages were approved in August

Five main retail banks launch a new website, movingaccount.ie, to bring hundreds of thousands of people through the steps they need to take to sort out their bank accounts