Friday 23 July, 2021
The number of new phishing websites detected by the bank’s fraud prevention team has doubled since last month.
The move will see 280 Ulster Bank employees move over to AIB as part of the deal.
The sale is to happen through a pre-arranged trading plan that will be managed by Citigroup Global Markets.
Vasileios Madouros of the Central Bank says a fresh review of its mortgage lending measures will include submissions from the public.
Last month, the bank confirmed plans to close 88 branches in Ireland and 15 branches in Northern Ireland.
The Sinn Féin TD says the move leaves the future of the Irish banking sector uncertain.
The Financial Services Union will request an “urgent meeting” with the banks.
Fianna Fáil senator Malcolm Byrne says traditional banking is clearly disrupted and it’s important we get ahead in education and upskilling to cope with the changes.
Bank of Ireland is to appear before an Oireachtas Finance Committee this afternoon.
Buy-to-let investors now account for less than 1% of mortgages, compared to 20% in 2006, according to new figures.
Green Party and Fianna Fáil TDs are calling for the government to revisit the idea of community banking.
That’s according to figures released by the Banking & Payments Federation Ireland today.
Ulster Bank and NatWest were heavily criticised by TDs for its treatment of staff.
The bank will be wound down gradually over the next few years.
Irish mortgage applicants face some of the highest interest rates in Europe.
Around 2.1 million people used contactless payments each day last month.
The app, Synch Payments, hit a roadblock last week.
Cillian Doyle says there are positive international examples of how large banks taken into public ownership can work better for customer, environment and economy.
The CCPC was notified of the proposal from AIB, BOI, KBC and Permanent TSB earlier this month.
The CCPC was notified of the proposal from AIB, BOI, KBC and Permanent TSB last Friday.
The bank said it aims to achieve over 10% reduction in costs by 2023.
Eoin McGee says he’s suspicious of the motives of Ireland’s banks who agreed to offer mortgage payment breaks to customers in March.
A new campaign aims to highlight the dangers for teens and encourage their parents to look out for red flags.
The Financial Services Union has responded to reports that UK parent company NatWest is considering closing Ulster Bank in the Republic.
The bank will also launch a campaign to raise awareness of smishing.
Fraudsters have targeted people via texts that appear to be from the bank.
One person claiming to represent the Department of Agriculture has been phoning farmers asking for bank details.
Dr Olive McCarthy and Dr Noreen Byrne of UCC say while new Central Bank rules for moneylenders are welcome, they don’t go far enough.
The government says that the banks have agreed that anyone availing of a mortgage break can now extend the loan term.
Figures from the BPFI show €12m was scammed through card fraud alone last year.
At the end of last week and over the weekend customers complained of issues they had accessing this payment deferral.
Customers can expect to pay an average of €2.20 per year in contactless fees.
The jobs will be cut between June and October.
Last week, KBC dropped its fixed mortgage rates from 2.85% to 2.55%.
US company Payoneer is the latest to get approval as Ireland is at the centre of a fintech revolution.
The problem did not affect ATM, debit/credit cards or in-person purchases.
Some branches will remain open until 8pm this evening.
More than 40,000 people were affected by the scandal.
115 branches have begun rolling out the service today under the currentaccount.ie brand.
