THE Belfast-based Northern Bank has sold its off-shore banking business in the Isle of Man to the Isle of Man Bank - part of the Royal Bank of Scotland (RBS) Group.

The Belfast-based Northern Bank today sold its off-shore banking business in the Isle of Man to the Isle of Man Bank – part of the Royal Bank of Scotland (RBS) Group.

Cash-strapped Irish homeowners feel they can't afford life or critical illness insurance to cover mortgage payments.