The decision to close was due to the ‘significant losses’ incurred since 2008, said Kevin Knightly, ACCBank’s country manager.

Eighty-six years after being set up by a government led by William T Cosgrave, ACCBank is to hand back its banking licence next year following a decis(...)

High Court president Mr Justice Nicholas Kearns upheld Henry and Martina Haverty’s appeal against the Financial Services Ombudsman’s decision not to uphold their complaint against ACCBank. Photograph: Alan Betson

The High Court has upheld a Galway couple’s appeal against the Financial Services Ombudsman’s decision not to uphold their complaint against AC(...)