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#Bank of Ireland

Bank of Ireland completes €427m purchase of Davy
# BOI
From TheJournal.ie
# BOI

Bank of Ireland completes €427m purchase of Davy

Jun 1st 2022, 9:43 AM 10,635 Views 6 Comments

Davy was put up for sale last year after the Central Bank of Ireland levied a fine of €4.1 million against the company.

KBC writes to customers giving them six months to close their accounts
# Time To Switch
From TheJournal.ie
# Time To Switch

KBC writes to customers giving them six months to close their accounts

Jun 1st 2022, 8:58 AM 8,909 Views 8 Comments

The bank has 130,000 current accounts that are active or have a balance.

Bank of Ireland apologises after customers report difficulties buying Springsteen tickets
# Banking In The Dark
From TheJournal.ie
# Banking In The Dark

Bank of Ireland apologises after customers report difficulties buying Springsteen tickets

May 27th 2022, 12:39 PM 24,966 Views 20 Comments

Tickets went on sale at 8am for the singer’s Dublin shows in 2023.

Watchdog clears Bank of Ireland €9 billion KBC deal despite 'significant' concerns
# Probe
From TheJournal.ie
# Probe

Watchdog clears Bank of Ireland €9 billion KBC deal despite 'significant' concerns

May 24th 2022, 9:14 AM 13,994 Views 16 Comments

The sale would see Bank of Ireland acquire KBC’s performing loan assets.

Flurry of announcements caps off noteworthy week for Irish banks and their customers
# The Banks
From TheJournal.ie
# The Banks

Flurry of announcements caps off noteworthy week for Irish banks and their customers

Apr 29th 2022, 12:26 PM 16,326 Views 0 Comments

Stakeholders say the industry is staring down the barrel of one of the biggest logistical challenges in its history.

Bank of Ireland announces CEO Francesca McDonagh to step down
# Banking
From TheJournal.ie
# Banking

Bank of Ireland announces CEO Francesca McDonagh to step down

Apr 26th 2022, 6:59 PM 36,569 Views 34 Comments

McDonagh joined Bank of Ireland in October 2017 as Group Chief Executive Officer.

Ulster Bank gives current and deposit account customers six months' notice to switch providers
# The Banks
From TheJournal.ie
# The Banks

Ulster Bank gives current and deposit account customers six months' notice to switch providers

Apr 13th 2022, 1:39 PM 28,353 Views 11 Comments

Separately, KBC Bank announced yesterday that from June, customers will get 90 days’ notice to move their accounts.

Banks 'ill-prepared for the biggest logistical challenge in Irish banking since the euro'
# The Banks
From TheJournal.ie
# The Banks

Banks 'ill-prepared for the biggest logistical challenge in Irish banking since the euro'

Apr 4th 2022, 12:05 AM 73,188 Views 32 Comments
  • Concerns have been raised that the exits of Ulster Bank and KBC Bank could be "the perfect storm" for the remaining banks.
  • Over one million customers will have to choose a new provider and switch over their current accounts.
  • But the Financial Services Union believes significant customer service issues are likely to arise, Ian Curran reports.
Bank of Ireland reports a pre-tax profit of €1.4 billion for 2021
# The Banks
From TheJournal.ie
# The Banks

Bank of Ireland reports a pre-tax profit of €1.4 billion for 2021

Feb 28th 2022, 11:04 AM 17,816 Views 50 Comments

Bank of Ireland CEO Francesca McDonagh said it delivered its “strongest performance since the global financial crisis”.

State to sell 15% chunk of its AIB stake over the next six months, Donohoe announces
# The Banks
From TheJournal.ie
# The Banks

State to sell 15% chunk of its AIB stake over the next six months, Donohoe announces

Dec 21st 2021, 8:48 AM 19,881 Views 33 Comments

The plan is similar to the one used by the Government to sell part of its remaining bailout-era stake in Bank of Ireland.

Bank of Ireland fined €24.5 million for IT failures that had potential 'serious' customer impact
# The Banks
From TheJournal.ie
# The Banks

Bank of Ireland fined €24.5 million for IT failures that had potential 'serious' customer impact

Dec 2nd 2021, 11:00 AM 37,969 Views 20 Comments

The failures could have led to customers being denied access to basic banking services.

Anglo's collapse has had an outsized impact on Irish life and so will Seán FitzPatrick's legacy
# Sean FitzPatrick
From TheJournal.ie
# Sean FitzPatrick

Anglo's collapse has had an outsized impact on Irish life and so will Seán FitzPatrick's legacy

Nov 9th 2021, 6:48 PM 25,482 Views 2 Comments

The former chairman of the collapsed bank never felt he had anything to apologise for.

KBC to sell most of its loans to Bank of Ireland in €5 billion deal
# KBC
From TheJournal.ie
# KBC

KBC to sell most of its loans to Bank of Ireland in €5 billion deal

Oct 22nd 2021, 7:44 AM 16,896 Views 21 Comments

KBC Bank Ireland said the transaction would ultimately result in KBC Group’s withdrawal from the Irish market.

Competition watchdog launches full probe of Bank of Ireland proposal to buy KBC Bank loans
# The Banks
From TheJournal.ie
# The Banks

Competition watchdog launches full probe of Bank of Ireland proposal to buy KBC Bank loans

Oct 20th 2021, 3:50 PM 15,044 Views 13 Comments

The CCPC said an in-depth investigation was required to determine whether the deal would weaken competition.

Concern raised for vulnerable older people after Bank of Ireland closes 88 branches
# Age Action
From TheJournal.ie
# Age Action

Concern raised for vulnerable older people after Bank of Ireland closes 88 branches

Oct 8th 2021, 10:00 PM 23,941 Views 85 Comments

An Age Action survey found that some 65% of people over the age of 65 experience “digital exclusion”.

88 Bank of Ireland branches are closing down today
# Branch Closures
From TheJournal.ie
# Branch Closures

88 Bank of Ireland branches are closing down today

Oct 8th 2021, 10:08 AM 46,200 Views 86 Comments

The move will see banking services move to hundreds of Post Offices around the country.

Any return of bonuses for top bankers 'would not be acceptable' to staff and public
# The Banks
From TheJournal.ie
# The Banks

Any return of bonuses for top bankers 'would not be acceptable' to staff and public

Aug 5th 2021, 11:44 AM 15,382 Views 23 Comments

The FSU has sought a meeting with Paschal Donohoe over plans to sell the State’s stake in Bank of Ireland.

Bank of Ireland buys most of Davy Group for €440 million
# Big Deal
From TheJournal.ie
# Big Deal

Bank of Ireland buys most of Davy Group for €440 million

Jul 22nd 2021, 10:20 AM 17,720 Views 37 Comments

The firm was put up for sale earlier this after being rocked by a €4.1 million regulatory fine.

Ireland's bank network 'is being destroyed' says FSU after AIB announces 15 branch closures
# The Banks
From TheJournal.ie
# The Banks

Ireland's bank network 'is being destroyed' says FSU after AIB announces 15 branch closures

Jul 20th 2021, 10:46 AM 37,889 Views 55 Comments

AIB cited the “unrelenting shift” to digital banking as one of the reasons for the branch cull.

Bank of Ireland warns customers of 'alarming' fraud increase
# Scam Texts
From TheJournal.ie
# Scam Texts

Bank of Ireland warns customers of 'alarming' fraud increase

Jun 30th 2021, 12:53 PM 36,926 Views 21 Comments

The number of new phishing websites detected by the bank’s fraud prevention team has doubled since last month.

Banking on the short-term — The government is selling 'part' of its 13.9% stake in Bank of Ireland. But why now?
# The Banks
From TheJournal.ie
# The Banks

Banking on the short-term — The government is selling 'part' of its 13.9% stake in Bank of Ireland. But why now?

Jun 24th 2021, 6:45 AM 16,389 Views 15 Comments

Finance minister Paschal Donohoe announced the six-month sale process yesterday.

Government to sell part of State's 13.9% share in Bank of Ireland
# Banking
From TheJournal.ie
# Banking

Government to sell part of State's 13.9% share in Bank of Ireland

Updated Jun 23rd 2021, 9:27 AM 22,824 Views 35 Comments

The sale is to happen through a pre-arranged trading plan that will be managed by Citigroup Global Markets.

'Lingering resentment': Public trust in Irish banks remains low after 2008
# The Banks
From TheJournal.ie
# The Banks

'Lingering resentment': Public trust in Irish banks remains low after 2008

May 17th 2021, 2:19 PM 12,505 Views 17 Comments

But trust levels have improved substantially among younger customers since the crash.

Bank of Ireland warns of a spike this week in smishing messages
# Fraud
From TheJournal.ie
# Fraud

Bank of Ireland warns of a spike this week in smishing messages

May 7th 2021, 9:50 PM 40,403 Views 26 Comments

The bank is asking customers not to respond to fraudulent texts that try to obtain their account details.

Bank of Ireland to recruit 130 specialist IT staff over next 12 months
# Digital Focus
From TheJournal.ie
# Digital Focus

Bank of Ireland to recruit 130 specialist IT staff over next 12 months

Apr 29th 2021, 9:44 AM 17,405 Views 20 Comments

Last month, the bank confirmed plans to close 88 branches in Ireland and 15 branches in Northern Ireland.

'Deeply worrying development': Union raises concerns over KBC's potential exit from Irish market
# BOI Talks
From TheJournal.ie
# BOI Talks

'Deeply worrying development': Union raises concerns over KBC's potential exit from Irish market

Updated Apr 16th 2021, 1:23 PM 95,954 Views 183 Comments

The Financial Services Union will request an “urgent meeting” with the banks.

Ulster Bank topped the Financial Ombudsman's complaints table in 2020 for the second year in a row
# The Banks
From TheJournal.ie
# The Banks

Ulster Bank topped the Financial Ombudsman's complaints table in 2020 for the second year in a row

Mar 30th 2021, 11:40 AM 6,390 Views 5 Comments

The watchdog also received 492 new complaints about tracker mortgages in 2020.

Financial Services Union calling on Bank of Ireland to reconsider branch closures
# Banking
From TheJournal.ie
# Banking

Financial Services Union calling on Bank of Ireland to reconsider branch closures

Mar 23rd 2021, 9:34 AM 9,914 Views 10 Comments

Bank of Ireland is to appear before an Oireachtas Finance Committee this afternoon.

'Breaking the link': Ireland's corporate accountability regime set for major overhaul in the wake of Davy scandal
# Davy Sale
From TheJournal.ie
# Davy Sale

'Breaking the link': Ireland's corporate accountability regime set for major overhaul in the wake of Davy scandal

Mar 14th 2021, 12:05 AM 21,999 Views 49 Comments

The Central Bank wants an expanded regulatory toolkit to tackle individuals.

Explainer: What the Bank of Ireland branch closure means for customers
# Consumers
From TheJournal.ie
# Consumers

Explainer: What the Bank of Ireland branch closure means for customers

Mar 1st 2021, 1:20 PM 23,729 Views 9 Comments
  • 88 branches in Ireland are to close
  • Banking services will move to 900 Post Offices
'Ripping commercial heart from Provincial Ireland': Political opprobrium descends on BOI closures
# Shuttered
From TheJournal.ie
# Shuttered

'Ripping commercial heart from Provincial Ireland': Political opprobrium descends on BOI closures

Mar 1st 2021, 12:26 PM 23,249 Views 47 Comments

Unions have also asked the bank to halt the decision.

Here's the full list of 103 Bank of Ireland branches set to shut across the island
# The Banks
From TheJournal.ie
# The Banks

Here's the full list of 103 Bank of Ireland branches set to shut across the island

Updated Mar 1st 2021, 10:55 AM 226,282 Views 127 Comments
Ulster says go: Bank's decision to exit was in the wind — but why is it happening now?
# Ulster Bank
From TheJournal.ie
# Ulster Bank

Ulster says go: Bank's decision to exit was in the wind — but why is it happening now?

Feb 19th 2021, 8:50 AM 33,922 Views 31 Comments

Ulster Bank’s long goodbye creates major headaches for policymakers.

Irish banks want to take on Revolut together — but why has the competition watchdog 'rejected' them?
# The Banks
From TheJournal.ie
# The Banks

Irish banks want to take on Revolut together — but why has the competition watchdog 'rejected' them?

Jan 24th 2021, 6:30 AM 78,458 Views 37 Comments

Why has it taken so long for Irish banks to address competition from fresh-faced fintech companies?

Gardaí and BOI warn consumers to be extra vigilant amid spate of parcel fraud texts
# Fraud
From TheJournal.ie
# Fraud

Gardaí and BOI warn consumers to be extra vigilant amid spate of parcel fraud texts

Dec 11th 2020, 3:50 PM 35,516 Views 6 Comments

Gardaí are advising the public to never click on an unsolicited text or email.

Bank of Ireland warns customers not to fall for investment scams
# Fraud
From TheJournal.ie
# Fraud

Bank of Ireland warns customers not to fall for investment scams

Dec 3rd 2020, 2:12 PM 12,358 Views 2 Comments

The bank issued a fraud alert today following an increase in reports of incidence of investment fraud.

Ulster Bank plans to cut 266 jobs to reduce costs
# The Banks
From TheJournal.ie
# The Banks

Ulster Bank plans to cut 266 jobs to reduce costs

Sep 10th 2020, 1:34 PM 24,029 Views 11 Comments

The bank suffered a loss of €276 million in the first six months of the year.

Bank of Ireland says customers have received payments after earlier delay
# Delay
From TheJournal.ie
# Delay

Bank of Ireland says customers have received payments after earlier delay

Updated Sep 10th 2020, 12:14 PM 41,208 Views 34 Comments

The bank has apologised for any inconvenience caused.

'I don't believe I should be the story' - FAI Chair Barrett dismisses questions over bank links
# More Questions
From The42
# More Questions

'I don't believe I should be the story' - FAI Chair Barrett dismisses questions over bank links

Updated Sep 1st 2020, 7:44 AM 25,351 Views 7 Comments

Roy Barrett has revealed he did not apply for the position at the FAI, but was recommended to recruiters by the Chairman of the Bank of Ireland.

Pace of recovery in Irish manufacturing slips as spike in Covid-19 cases 'rattles' business sentiment in August
# Nervous Times
From TheJournal.ie
# Nervous Times

Pace of recovery in Irish manufacturing slips as spike in Covid-19 cases 'rattles' business sentiment in August

Sep 1st 2020, 6:45 AM 10,427 Views 2 Comments

Recent lockdowns in Kildare and the midlands weighed heavily on the data.

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