Ulster Bank

Lender is benefitting from takeover of Ulster Bank loans

Lender sets aside a provision to deal with potential compensation costs following loss of tracker cases

Bank chair ‘clearly not in charge’ after board backed chief executive Alison Rose hours before she resigned

Facility has €500m of credit agreements out to 18,000 personal, business and commercial customers

Irish banking sector scores minus 15 in public survey carried out this year, up from minus 25 a year ago

Bank has said adverse outcome in the cases could affect thousands of customers and trigger ‘enormous financial’ consequences for the lender

Shares in AIB have surged by almost 75% since the State started to sell down shares in the bank at the start of last year

Bank failed to convince court that ombudsman had committed ‘serious and significant’ error in decisions

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Eighteen properties across Dublin, Wexford, Cork, Kerry, Clare, Galway and Westmeath in the €230,000-€500,000 range

Consumers here could also be losers in its exit from the Irish market

Payment comes as group hastens its exit from the Republic

Charge raises about €87 million a year

Lender has been transformed by rate hikes and Ulster Bank deal

Government and UK bank sell two-thirds more of lender than had been expected

Each side is selling about 3 per cent of PTSB’s stock

Ulster Bank wanted couple to trade down and pay off liabilities but alternatives not appropriate, judge says

Popular and persistent phone scam to extract money from unwary parents is likely to escalate over the summer holidays when it might seem more plausible

Lender’s main trade union says staff cuts will be made over the next 12 months

Both banks are currently in the process of exiting the Irish market after announced their intentions to leave in 2021

Latest tranche comprises loans with a value of about €915m connected to some 11,000 customers

But bank saw decline in UK and international corporate lending during the period

PTSB expects mortgage market to grow 3% this year to €14.5 billion

UK-owned lender recently began to lay the ground for the gradual repatriation of more than €4 billion of capital to its parent, NatWest

Bank closures in Granard, Co Longford, have caused resentment but not everyone is downbeat

Mapping Ireland’s Bank Closures: More than a third of bank branches have closed since 2008 and the future seems likely to hold more of the same

Lender lays groundwork to repatriate €4.24bn in capital to UK parent as it closes its remaining branch network on Friday

Transfers will require Central Bank approval as bank closes its last 63 branches and is expected to announce further redundancies

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The majority of the works are by Irish artists, some of whom are significant figures in Irish art

About 85 per cent of accounts open at start of last year closed or inactive at the end of March

Cantillon: Nonbank lenders had been expected to help fill the void after the departure of Ulster Bank and KBC Bank from Irish market

Research, commissioned by the Department of Finance, surveyed almost 3,000 consumers to get an insight into consumer behaviour in retail financial services

Price comparison website Bonkers.ie says moves by lenders to hike rates will lead to a fall in property prices

Borrowers who have received loan offers have until April 17th to close on current rates

Customers urged to 'act now' if they have not switched to a new service provider

Results come as bank is transformed after buying Ulster Bank assets

Lender is in process of withdrawing from market in the Republic

Lender on track to report as much as a €400 million accounting gain

Some 78,000 new accounts opened with other banks by end of January, up 40%