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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.
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".
13 March 2020
Central Bank Urged To Remove Charges To Encourage Card Payments
The Central Bank has been urged to clamp down on all card transaction charges on contactless and chip-and-pin payments in an attempt to encourage non-cash transactions in the time ahead.
Central Bank Urged To Remove Charges To Encourage Card Payments
The Central Bank has been urged to clamp down on all card transaction charges on contactless and chip-and-pin payments in an attempt to encourage non-cash transactions in the time ahead.
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Ireland WeatherToday:Dry this morning with any mist and fog patches clearing. This afternoon will be cloudy with rain, occasionally heavy, spreading across all areas. Windy with afternoon with fresh to strong southerly winds, gales along the east coast later. Maximum temperature 10 °C.Tonight:Cloud and rain soon clearing away from the west this evening. Then the rest of the night will be mainly dry with just the odd shower. Winds easing down. Minimum temperature 7 °C.
