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03/07/2012
RBS Say Ulster Bank Problems Could Continue Into Next Week
The ongoing problems at Ulster Bank could continue into next week, parent company Royal Bank of Scotland has said.
RBS Chairman Philip Hampton apologised to customers for the technical errors that have led to the disruption of account payments of Ulster Bank customers for almost two weeks.
The technical fault has led to a backlog of unprocessed transactions, which will be increased further today when 48,000 monthly social welfare payments are due to be paid to Ulster Bank customers.
The Oireachtas Committee on Finance has called representatives of the Central Bank to appear before it tomorrow and Ulster Bank management to appear before it on Thursday.
The Consumers’ Association of Ireland says it has received thousands of complaints from Ulster Bank customers, who are very frustrated at the poor quality of information they are receiving from the bank.
Chief Executive Dermot Jewell said: "Many, many consumers out there and bank customers were not ready for this. They found themselves on a back foot.
“And now they are struggling to figure out what are they going to do ... It is chaotic for them, because they are completely at a loss."
(H/GK)
RBS Chairman Philip Hampton apologised to customers for the technical errors that have led to the disruption of account payments of Ulster Bank customers for almost two weeks.
The technical fault has led to a backlog of unprocessed transactions, which will be increased further today when 48,000 monthly social welfare payments are due to be paid to Ulster Bank customers.
The Oireachtas Committee on Finance has called representatives of the Central Bank to appear before it tomorrow and Ulster Bank management to appear before it on Thursday.
The Consumers’ Association of Ireland says it has received thousands of complaints from Ulster Bank customers, who are very frustrated at the poor quality of information they are receiving from the bank.
Chief Executive Dermot Jewell said: "Many, many consumers out there and bank customers were not ready for this. They found themselves on a back foot.
“And now they are struggling to figure out what are they going to do ... It is chaotic for them, because they are completely at a loss."
(H/GK)
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05 July 2012
Ulster Bank And RBS Chiefs To Face Committee
Senior management from Ulster Bank will appear before the Oireachtas finance committee this afternoon. Ulster Bank chief executive Jim Brown will be accompanied by chief executive of UK corporate banking at RBS Chris Sullivan and Jim Ryan, managing director of branch banking at Ulster Bank, at the committee meeting, which begins at 2.30pm.
Ulster Bank And RBS Chiefs To Face Committee
Senior management from Ulster Bank will appear before the Oireachtas finance committee this afternoon. Ulster Bank chief executive Jim Brown will be accompanied by chief executive of UK corporate banking at RBS Chris Sullivan and Jim Ryan, managing director of branch banking at Ulster Bank, at the committee meeting, which begins at 2.30pm.
23 February 2018
Oireachtas Must Urgently Regulate 'Vulture Funds' - FF
The Oireachtas has been called to urgently regulate 'vulture funds'. Fianna Fáil Spokesperson on Finance Michael McGrath, made the call following a statement from Ulster Bank CEO Gerry Mallon that the bank may sell off up to 7,000 mortgages. Deputy McGrath said: "The case for full regulation of these vulture funds is compelling.
Oireachtas Must Urgently Regulate 'Vulture Funds' - FF
The Oireachtas has been called to urgently regulate 'vulture funds'. Fianna Fáil Spokesperson on Finance Michael McGrath, made the call following a statement from Ulster Bank CEO Gerry Mallon that the bank may sell off up to 7,000 mortgages. Deputy McGrath said: "The case for full regulation of these vulture funds is compelling.
31 July 2012
CAI Urges Ulster Bank Customers To Complete Online Form
The Consumers' Association of Ireland (CAI) is urging Ulster Bank customers who were affected by the recent technical issues to contact them and complete an online form.
CAI Urges Ulster Bank Customers To Complete Online Form
The Consumers' Association of Ireland (CAI) is urging Ulster Bank customers who were affected by the recent technical issues to contact them and complete an online form.
26 April 2018
Minister Donohoe Welcomes Tracker Mortgage Progress
The Minister for Finance and Public Expenditure & Reform, Paschal Donohoe, has welcomed the Central Bank's latest progress report on the Tracker Mortgage Examination. The progress report is the eighth public update since the Central Bank initiated its industry-wide Tracker Examination in October 2015.
Minister Donohoe Welcomes Tracker Mortgage Progress
The Minister for Finance and Public Expenditure & Reform, Paschal Donohoe, has welcomed the Central Bank's latest progress report on the Tracker Mortgage Examination. The progress report is the eighth public update since the Central Bank initiated its industry-wide Tracker Examination in October 2015.
29 June 2012
Central Bank Concerned By Ulster Bank Delays
The Central Bank of Ireland has said it is concerned by the "unacceptable continuing delays by Ulster Bank in fully resolving its systems issues and the consequent impact on its customers".
Central Bank Concerned By Ulster Bank Delays
The Central Bank of Ireland has said it is concerned by the "unacceptable continuing delays by Ulster Bank in fully resolving its systems issues and the consequent impact on its customers".
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Ireland WeatherToday:Gale, coastal severe gale, northwest winds ease from late afternoon. Scattered showers will fall as snow over the hills at first, becoming isolated from mid-afternoon. Maximum temperature 7 °C.Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Cloud will spread east towards morning. Minimum temperature 2 °C.
