Organisation: Bank of Ireland

Organisation: Bank of Ireland

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

<p>Financial analyst Karl Deeter said banks on the continent offer significantly higher deposit rates with the same deposit protection as elsewhere in the European Union. Picture: iStock</p>

economy

Irish banks accused of 'window dressing' over small increases in saving deposit rates

PTSB said it was increasing the rates it pays savers by 0.25% across the range of its deposit accounts, while Bank of Ireland earlier this week said a new savings account will pay an initial interest rate of 1.5%

<p>Darragh Cassidy of Bonkers.ie said that anyone applying for a mortgage now are going to face "much higher rates". Picture Denis Minihane.</p>

economy

Average mortgage rates dip slightly but hikes 'almost guaranteed' to resume

The eurozone average now stands at 3.33% which is up from 3.16% in January

<p>The error could see 35,000 customers' ability to get loans impacted. Gareth Chaney/ Collins Photos</p>

companies

Bank of Ireland admits error in transferring over KBC mortgages

The mistake affects roughly half of the total customers transferred over from KBC

Financial scams survey

companies

Small firms told to be on high alert for scams as €8m lost to fraud

Banking sector turmoil

ourview

Irish Examiner view: Consumer loses out

Bank Of Ireland To Close Over 100 Branches Across Ireland

economy

Bank crisis kills prospect of rivals challenging AIB and Bank of Ireland, experts warn

Terry Prone: The customer is not always bright — but a rapid response keeps everyone happy

Terry Prone: The customer is not always bright — but a rapid response keeps everyone happy

Japanese tidying expert Marie Kondo has inspired millions to embrace the spring clean, which often leads to unused vouchers being discovered

Mon, 20 Mar, 2023

General Economy And Retail As Ireland Prepares For Bailout Exit

Shares in AIB and Bank of Ireland drop all gains made since start of year

Irish banks' stocks caught up in the global banking turmoil as ECB moves to reassure markets that eurozone lenders are safe

Fri, 17 Mar, 2023

Irish Examiner view: Familiarity with financial failure

Irish Examiner view: Familiarity with financial failure

Silicon Valley Bank collapse

Wed, 15 Mar, 2023

Rate hikes back on agenda as banking turmoil eases

Rate hikes back on agenda as banking turmoil eases

A rally in global bank shares and, significantly, for eurozone government bond yields, may signal that hefty official hikes in interest rates are back on the cards.

Tue, 14 Mar, 2023

US-BANKING-MARKET-SVB

Eamon Quinn: Parallels between SVB collapse and 2008 banking crisis are very real

In other echoes of 2008, regulators and politicians in the US and Europe rallied to reassure that the emergency measures had worked.

Tue, 14 Mar, 2023

Bank of Ireland shares continue winning streak after €1.2bn profit

Bank of Ireland shares continue winning streak after €1.2bn profit

The shares have risen spectacularly after the exit of rivals KBC Bank and Ulster Bank and since the ECB started hiking interest rates last summer

Tue, 07 Mar, 2023

Michael Dowling: Lack of choice for bank customers damages vibrant economy

Michael Dowling: Lack of choice for bank customers damages vibrant economy

Three of the outlets are wholly-owned by AIB, and two other players cannot lend at present due to funding issues, with both depositors and borrowers suffering as a result of this lack of competition.

Sun, 05 Mar, 2023

Woman using smartphone. The concept of using the phone is essential in everyday life.

Bank of Ireland to pull plug on online mobile phone top-up service

Digital service, which allowed bank customers to use the bank’s 365 online services or its app to top up mobile phone credit for Vodafone, Three or Eir accounts, will be withdrawn from March 31

Fri, 03 Feb, 2023

European Union banknotes and coins

Irish consumers more optimistic about investing their income in 2023

Cost-of-living crisis is still hampering people's efforts to save money

Wed, 21 Dec, 2022

Bank of Ireland shares climb 5.5% on outlook

Bank of Ireland shares climb 5.5% on outlook

Bank of Ireland shares have now soared by over 70% this year, to value the lender at over €8.85bn

Fri, 16 Dec, 2022

Meta layoffs expected

Data watchdog to collect nearly €18m in GDPR-related fines

Six such fines were ratified in Dublin’s Circuit Court, with some being far more substantial than others

Tue, 29 Nov, 2022

FILE PHOTO: Glasses of Heineken beer are seen at a restaurant in Hanoi

Publicans hit out at 'poor timing' of increase in price of pint

Heineken Ireland hike to add up to 50c to cost of pint as increase effective from December 1

Fri, 11 Nov, 2022

FILE PHOTO Permanent TSB has formally agreed to acquire €7.6 billion worth of assets from Ulster Bank Ireland END

Permanent TSB tipped to follow Bank of Ireland and AIB in hiking fixed-rate mortgages

It comes as Bank of Ireland announced that it is introducing a 0.25% rate increase for its fixed-rate mortgage products

Thu, 10 Nov, 2022

Government urged to introduce interest relief on tracker mortgages

Government urged to introduce interest relief on tracker mortgages

“According to the banks’ own estimates, these interest-rate hikes will bolster their interest income by over €1bn each year,” said Sinn Féin finance spokesman Pearse Doherty.

Thu, 27 Oct, 2022

Young 1970s woman working

Irish Examiner view: Menopause leave is a welcome step forward

Bank of Ireland's new policy — announced during Menopause Awareness Week — ought to inspire other employers too

Thu, 20 Oct, 2022

FILE PHOTO The Central Bank has fined Bank of Ireland over €1 million for its role in the tracker mortgage controversy END

Irish Examiner view: Innocent families suffered the most

Bank of Ireland fined

Fri, 30 Sep, 2022

FILE PHOTO The Central Bank has fined Bank of Ireland over €1 million for its role in the tracker mortgage controversy END

Cost of tracker mortgage scandal tops €1bn

Mortgage brokers warn fines and huge costs incurred by banks during investigation are passed on to customers

Thu, 29 Sep, 2022

Tube strike

Bank of Ireland value falls €1bn since UK financial turmoil onset

Shares in other Irish firms with large British operations also hit

Thu, 29 Sep, 2022

Bank of Ireland branches due to close

Bank of Ireland faces fine for its part in tracker mortgage scandal

The Central Bank will wrap up its long investigation into the tracker scandal across Irish banking when it announces on Thursday the size of the sanction on Bank of Ireland.

Wed, 28 Sep, 2022

Frustrated young couple sitting on couch checking bills

Just a quarter of pension holders believe they will have enough to retire comfortably – survey

Two thirds of respondents worry they are not saving enough, and only 37% have any idea what their pension will actually provide when they do retire

Tue, 27 Sep, 2022

CC BAD WEATHER

More than half of low-income homes are 'just managing' to make ends meet

Bank of Ireland Economic Pulse survey shows confidence has hit a new low due to surging energy bills and interest rates

Mon, 26 Sep, 2022

Approved mortgage application

ECB hikes could drive Irish mortgage rates to 5% by next summer

From this year, a household on a tracker mortgage of €300k could see its repayments rise by almost €450 a month

Thu, 22 Sep, 2022

hands holding paper house on blue background.

State-backed equity scheme offers fresh hope for first-time buyers

Scheme aims to bridge affordability gap by providing buyers with part of the purchase price of their home in return for a minority equity stake

Thu, 15 Sep, 2022

internet connection with wlan router in home office

Bank of Ireland's new venture capital fund seeks Cork tech start-ups

The Delta team is hosting an event in the Tyndall Institute on September 15 for start-up founders

Wed, 07 Sep, 2022

Ulster Bank in Ireland

Low levels of switching repelling banks from market, says competition watchdog

The CCPC said that there are no indications that a full service large retail bank is likely to enter the Irish market in the near future.

Wed, 31 Aug, 2022

KBC Bank refers to 'delay of transaction approval' over its closure plan

KBC Bank refers to 'delay of transaction approval' over its closure plan

KBC Group's latest earnings report does not specify when it hopes to complete its exit from the Irish market

Thu, 11 Aug, 2022

Government's NatWest Group stake

Quilter shares surge on report British and Irish wealth adviser could be snapped up

Shares in wealth and pensions adviser Quilter, which in Ireland competes with Davy, Goodbody, and other firms, surged on the first day of trading after a Sunday newspaper reported it could be snapped up.

Mon, 01 Aug, 2022

Anxious about paying bills

ECB hike to hit 300,000 Irish mortgages as experts warn more rises are expected

Further ECB rate hikes of up to 1.25% are expected — and they would significantly increase the cost of people's home loans

Fri, 22 Jul, 2022

DAX Market Reaction As Boris Johnson Battles to Deliver Brexit

Calls grow for Irish mortgage banks to forgo passing on ECB rate hikes

Experts say Irish banks could absorb the rate increase, with one broker saying they ought to do so 'from a moral viewpoint'

Wed, 20 Jul, 2022

A Branch of the Ulster Bank, Roscommon, West of Ireland

Digital bank Starling 'pulls plan to enter Irish market'

CEO Anne Boden told staff that an Irish subsidiary would not deliver the added value Starling is seeking, Sky News is reporting

Mon, 18 Jul, 2022

FILE PHOTO Permanent TSB has formally agreed to acquire €7.6 billion worth of assets from Ulster Bank Ireland END

Michael Dowling: Irish banks to benefit from ECB rate hike

Irish mainstream banks will benefit more than their European counterparts by higher interest rates as net interest income accounts for 80% of Irish retail banks' income, compared to 54% in Europe.

Sun, 17 Jul, 2022

Technology Stock

Customers warned to be 'extra vigilant' due to new wave of scam texts

The bank has seen the number of ‘smishing’ cases detected by its Fraud Prevention team increase by around 50% since the introduction of this tactic.

Thu, 14 Jul, 2022

Christy O'Connor Jnr dies

Court refuses summary judgment against estate of late golfer Christy O'Connor Jnr

The case centres around loans taken out by the late golfer to purchase a number of Co. Carlow rental properties

Wed, 13 Jul, 2022

Spending on hospitality and on groceries falls, Bank of Ireland figures show

Spending on hospitality and on groceries falls, Bank of Ireland figures show

Irish consumers are reining in their spending suggesting that inflation is beginning to bite

Fri, 08 Jul, 2022

Only 220,000 bank customers have switched as Ulster and KBC prepare to shut million accounts

Only 220,000 bank customers have switched as Ulster and KBC prepare to shut million accounts

Five main retail banks launch a new website, movingaccount.ie, to bring hundreds of thousands of people through the steps they need to take to sort out their bank accounts

Tue, 05 Jul, 2022

Shopping trolley in a supermarket

Consumer and business confidence sours

Level of confidence amongst businesses falls below pre-pandemic levels for the first time this year

Mon, 27 Jun, 2022

Retrial of Michael Lynn for alleged €27m theft from seven banks set for next year

Retrial of Michael Lynn for alleged €27m theft from seven banks set for next year

The former solicitor had told his trial that he had “secret deals” with a number of bankers

Mon, 20 Jun, 2022

Two thirds of Irish shoppers now pay with mobile devices

Two thirds of Irish shoppers now pay with mobile devices

A new survey conducted by BOI Payment Acceptance found that only 3% of Irish consumers do not use digital forms of payment

Thu, 02 Jun, 2022

Jury fails to reach verdict in former solicitor Michael Lynn's €27m theft trial

Jury fails to reach verdict in former solicitor Michael Lynn's €27m theft trial

Judge Nolan adjourned the matter until June 20

Wed, 01 Jun, 2022

'You may like or dislike Michael Lynn...but he is entitled to a fair trial,' judge tells jury

'You may like or dislike Michael Lynn...but he is entitled to a fair trial,' judge tells jury

The defence for former solicitor Michael Lynn said: “It's ironic a man who pays his bills is being accused of dishonesty.”

Fri, 27 May, 2022

MICHAEL LYNN

Michael Fingleton's 'right-hand man' claims Michael Lynn lied about meeting him

A former senior Irish Nationwide banker said: “If one was on friendly terms with Mr Fingleton, there may have been some leeway.”

Tue, 24 May, 2022

MICHAEL LYNN

Bankers deny Michael Lynn's 'ludicrous' secret deals claim in €27m theft trial

One banker told the court an allegation by Mr Lynn that he received money from him was “categorically false”.

Mon, 23 May, 2022

Michael Lynn's wife didn't know if he was 'dead or alive' in Brazilian prison, court told

Michael Lynn's wife didn't know if he was 'dead or alive' in Brazilian prison, court told

Ms Murphy told the court the Brazilian prison guards did "not enter the prison as they are afraid of the prisoners”.

Thu, 19 May, 2022

Ulster Bank in Ireland

Ulster Bank writes to customers of its pension and investment products about closure

There are, nonetheless, widespread concerns about the support available for customers in switching out of Ulster and KBC Bank

Fri, 13 May, 2022

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