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16/07/2012
Remaining Ulster Bank Account Issues Won't Be Resolved For Several Weeks
It will be several weeks before all issues with customers' accounts will be fully resolved, according to Ulster Bank's chief executive.
In an interview with RTÉ News, Jim Brown said while systems are now running normally, there are problems with some unprocessed and duplicated transactions.
He said the bank expects to pay out "tens of millions of euro" in compensation and that they are finalising details of the scheme that will be paid in addition to automatic refunds of incorrectly-applied interest and fees.
The technical problem which occurred last month during a software upgrade at parent company RBS disrupted electronic transactions and created a massive backlog processing payments.
(GK)
In an interview with RTÉ News, Jim Brown said while systems are now running normally, there are problems with some unprocessed and duplicated transactions.
He said the bank expects to pay out "tens of millions of euro" in compensation and that they are finalising details of the scheme that will be paid in addition to automatic refunds of incorrectly-applied interest and fees.
The technical problem which occurred last month during a software upgrade at parent company RBS disrupted electronic transactions and created a massive backlog processing payments.
(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.
27 June 2014
Job Protection Must Be Priority In SME Sector - FG
Protecting jobs must be the priority when dealing with the large level of debt within the SME sector, Fine Gael has said.
Job Protection Must Be Priority In SME Sector - FG
Protecting jobs must be the priority when dealing with the large level of debt within the SME sector, Fine Gael has said.
10 May 2012
New Name For Northern Bank
Danske Bank has announced a new organisational set-up for its operations in Northern Ireland and Ireland. The new structure will take effect on 1 June 2012. The re-organisation mirrors a similar Group wide set-up being introduced in all Danske Bank operations.
New Name For Northern Bank
Danske Bank has announced a new organisational set-up for its operations in Northern Ireland and Ireland. The new structure will take effect on 1 June 2012. The re-organisation mirrors a similar Group wide set-up being introduced in all Danske Bank operations.
05 September 2008
Government Plan To Kickstart The Housing Market
The Tánaiste has said the Government will be using the up-coming emergency Budget to jolt the housing market back into gear. Minister Mary Coughlan said on Thursday that Minister Lenihan has met with representatives of the construction industry to discuss the issue.
Government Plan To Kickstart The Housing Market
The Tánaiste has said the Government will be using the up-coming emergency Budget to jolt the housing market back into gear. Minister Mary Coughlan said on Thursday that Minister Lenihan has met with representatives of the construction industry to discuss the issue.
30 September 2008
'No Frills' Bank Accounts Urged To Combat Financial Exclusion
Universal, no-frills bank accounts should be introduced to bring financially excluded people into the banking system, the Combat Poverty Agency has urged. The agency said that 10% of Irish adults do not have any type of bank account and one in five households do not have a current account.
'No Frills' Bank Accounts Urged To Combat Financial Exclusion
Universal, no-frills bank accounts should be introduced to bring financially excluded people into the banking system, the Combat Poverty Agency has urged. The agency said that 10% of Irish adults do not have any type of bank account and one in five households do not have a current account.
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Ireland WeatherToday:A sunny but frosty start for many. However cloud increases by midday with a few showers reaching the north coast, these mostly light but spreading inland this afternoon. Chilly. Maximum temperature 8 °C.Tonight:A rather cloudy evening with scattered showers. Becoming drier through the night with some good clear spells developing and a patchy frost away from coasts. Minimum temperature 0 °C.
