A €50 million year-on-year increase in impairment charges to cover non-performing loans pushed pre-tax losses at National Irish Bank (NIB) up to €400m in the first half of this year.

National Irish Bank today reported pre-tax losses of €400m for the first six months of the year.

CUSTOMER deposits at the foreign-owned National Irish Bank (NIB) surged by €1.8 billion in the first three months of the year.

National Irish Bank has today reported a loss before tax of €161m for the three months of this year.

National Irish Bank has reported a 16% rise in operating profit for 2010, to €49m.

NATIONAL Irish Bank (NIB) has reported a pre-tax loss of €468 million and a loan impairment charge of €504m, for the first nine months of 2010.

Danske Bank Group have announced a pre-tax profit for the nine months to September 30, 2010 of €671m.

NATIONAL Irish Bank made pre-tax losses of €341 million in the six months to June 30, 2010.

National Irish Bank this morning reported a loss before tax of €341m for the six months to 30 June 30, 2010.

NATIONAL Irish Bank (NIB) will become the first bank in the country to end cash transactions in its branch network when it phases out over-the-counter services later this year.

NATIONAL Irish Bank (NIB), which announced plans to close 25 of its 58 branches in December 2009, yesterday reported pre-tax losses fell significantly in the first quarter of 2010. In the period under review the group’s losses amounted to €133 million before tax down from €177m in the same period last year.

National Irish Bank has today reported an operating profit before impairment charges of down 38% to €13m for the three months to March 31, 2010.

MASSIVE bad debt provisioning and a sharp fall in earnings have resulted in annual losses of €661 million at National Irish Bank.

National Irish Bank has reported a pre-tax loss of €661m for the 12 months to December 31, which it has described as "possibly the worst year in Irish banking history".

NATIONAL Irish Bank (NIB) will close almost half of its branches and cut 150 jobs as part of a major restructuring programme.

National Irish Bank today announced plans to shed 150 jobs and close 25 branches as part of a cost-cutting exercise.

NATIONAL Irish Bank, a subsidiary of Danske Bank, said yesterday it is setting aside €544 million in bad debt provisions following a surge in operating losses by the Irish group.

National Irish Bank has announced a 6% increase in operating profit to €48m for the nine months ended September 2009.

National Irish Bank has today reported losses of €341m for the first half of this year.

BAD debt provisioning at National Irish Bank of €198 million in the first quart of this year is close to the total amount of €228m set aside last year.

National Irish Bank has announced operating profits of €21m, a 90% increase on the same period for last year.

NATIONAL Irish Bank (NIB) has reported a pre-tax loss of €552 million for 2008 — brought about mainly by an increase in the amount of money it set aside for losses arising from “bad” loans.

National Irish Bank has reported losses of more than €550m last year.

NATIONAL Irish Bank (NIB) has reported a net loss of €49 million for the nine months to the end of September, prompted by it increasing its loan impairment charges for the period to €94m.

National Irish Bank has reported losses of €49m for the nine-month period to the end of September, compared to a profit of €11m for the same period last year.

FOREIGN banks operating in Ireland scrambled for inclusion in the Government’s guarantee scheme yesterday.

Danske Bank Group, the parent company of National Irish Bank (NIB), has announced its participation in a state guarantee provided by the Danish Government.

FOREIGN-OWNED banks that are not protected by the two-year state guarantee were quick to reassure customers yesterday their money is safe.

NATIONAL IRISH BANK said pre-tax profit doubled to €6 million in the first quarter of this year — with mortgage lending up 29%.

National Irish Bank has reported pre-tax profits of €6m for the first quarter of 2008, up from €3m the same time last year.

ULSTER Bank has made a play for the significant portion of consumers expected to switch banks in the coming months by offering a cash incentive to join.

HIGHER lending drove profits at National Irish Bank up to €21 million in the first nine months of the year.

National Irish Bank have reported an increase in total income of 32% to €143m for the nine-month period to September 30, 2007.

NATIONAL Irish Bank (NIB) has appointed Dr Ronnie O’Toole to its newly created position of chief economist. Formerly a senior economist with Forfas, Dr O’Toole’s role at the bank will be to help NIB’s expansion plans by providing analysis and commentary on Irish and global economic trends — in particular those elements of economic performance which impact the bank’s personal and business portfolios.

National Irish Bank (NIB) has today announced the appointment of Dr Ronnie O’Toole to the newly-created position of chief economist.

National Irish Bank reported a strong performance for the six month period up to June 30, 2007.

LOW rents, well-trained graduates and top class facilities will not be sufficient to lure financial institutions to Cork’s redeveloped docklands, a leading banker warned yesterday.

National Irish Bank today reported profits of €38.1m before tax, goodwill and integration costs for the 12 months ended December 2006.

National Irish Bank today introduced its new LTV (Loan to Value) mortgage pricing model, directly linking the interest rate to the value of the property.

A BANK is to stop handling cash at one of its branches in Dublin after a series of raids on the outlet.

THE Garda Commissioner Noel Conroy yesterday criticised National Irish Bank (NIB) for failing to inform gardaí about this week’s hostage drama.

NATIONAL Irish Bank’s relaunch into the Irish market has resulted in pre-tax losses of €5 million during the first quarter of this year.