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Friday 3 February 2023 Dublin: 9°C

Latest

This week
29th January 2023 - 3rd February 2023
# Finance committee
Ulster Bank to freeze 2,000 active accounts after 'last attempt' to engage with customers
Ulster Bank and KBC appeared before the Oireachtas finance committee today.
Last week
22nd January 2023 - 28th January 2023
# Withdrawal
Ulster Bank announces final closure dates for 63 branches across Ireland
Ulster Bank Chief Executive Jane Howard described the withdrawal of their services from communities as “poignant”.
The #StandStrong movement for Women's Aid needs your help this bank holiday
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The #StandStrong movement for Women's Aid needs your help this bank holiday
Here’s how you can get involved and show solidarity with women subjected to domestic abuse.
# Your Say
Poll: Would you use Revolut as your main bank?
Have your say!
# revolut
Revolut to start providing IBANs for customers in Ireland
The company has over two million customers in Ireland.
Last month
January 2023
# Banking
One in eight Ulster Bank and KBC customers are yet to open a new account elsewhere - survey
68% of customers have either opened a new account or plan to use an existing account in another bank.
# evening fix
Here's What Happened Today: Friday
Here’s your round-up of what made the headlines today.
# Update
'That's the plan' - Furlong targeting Wales game for return from latest injury setback
The tighthead is stepping up his recovery from a calf issue.
# Ulster Bank
12 Ulster Bank branches to close today
A further 13 branches will close next week before becoming branches of Permanent TSB.
Last year
2022
# legacy
'He was such an integral part of our journey in Munster' - Remembering Jerry Holland
Ronan O’Gara and John Kelly look back on the life of the former Munster player, head coach, team manager and administrator, who passed away last month.
# Courts
Wife of Kinahan Cartel lieutenant 'Mr Nobody' to be jailed for money laundering
Deirdre Brady was given a three-year wholly suspended sentence after pleading guilty to two offences at the Special Criminal Court last July.
# cashless society
Certain businesses and sectors should be legislated to accept cash
A review into retail banking states that there will be a decline in bank branches and ATMs in the coming years.
Government advised to preemptively legislate to ensure that cash continues to be accepted by certain sectors and businesses, reports Political Correspondent Christina Finn
Risks could arise should retailers such as large supermarket chains and other services such as GPs or hospitals decide to not accept cash, the banking report finds.
The Irish bank branch network has reduced from 617 branches in June 2020 to 438 branches in September 2022.
'We got it wrong, we made a mistake': AIB not planning to return to cashless branch strategy
Politicians declare victory for ‘people power’ after AIB u-turn on withdrawing cash services
# Interest Rate
Ulster Bank increases fixed mortgage rates for some customers by 0.75%
The rate increase applies to two, four and seven year fixed rate mortgages, as well as four year fixed Green mortgages.
# evening fix
Here's What Happened Today: Thursday
Here’s your round-up of what made the headlines today.
# Redundancy
Ulster Bank opens redundancy programmes that will see 600 staff leave from March
Further redundancy programmes are expected to open next year and beyond.
# Derby
Ulster have already won Leinster's respect - but the hard work is just about to start
The top two sides in the URC meet at the RDS tonight with Leinster packing their team with players who defeated the All Blacks this summer.
# Banking
Ulster Bank to begin freezing current and deposit accounts from today
The bank announced its withdrawal from the Irish market in February.
# Interest Rates
Permanent TSB becomes latest bank to raise interest on fixed rate mortgages
The increases will range from 0.05% to 0.9% depending on a range of factors.
# banking review
Bankers 'rewarded' with bonuses and a pay boost despite tracker mortgage scandal, says McDonald
AIB and Permanent TSB will follow suit as the State sells off more of its stake in those banks.
# Amazon
No job cuts expected at Amazon Ireland despite reports of lay-offs, Varadkar says
The tech giant is set to axe up to 10,000 workers from its global operation.
# Banking
Ulster Bank and KBC customers urged to update insurance before banks withdraw
Insurance Ireland has said that policies could lapse if customers don’t update their direct debits.
# Banks
Over 20 Ulster Bank branches to switch to Permanent TSB in January
The bank is exiting the Irish market.
# CCPC
Sixty per cent of Ulster Bank and KBC customers report 'challenges' when switching providers
Transferring direct debits and payments continues to be the most significant issue.
# Your Say
Poll: Have you ever switched your main bank account?
With Ulster Bank and KBC leaving, lots of people have needed to this year.
# The Fix
Here's What Happened Today: Saturday
Here’s your round-up of what made the headlines today.
# Midfield
'Stu has done exceptionally well' - McCloskey makes Ireland chances count
The Ulster man will start his third consecutive Test tomorrow against Australia.
# Banking
Finance Committee hears update from KBC and Ulster Bank ahead of market withdrawal
Ulster Bank told the committee that around 1,000 accounts are currently on track to be frozen from 11 November.
# Pairc Life
Munster's Alex Kendellen eager to show what he can do at a GAA cathedral
The 21-year-old once dreamed of playing at Páirc Uí Chaoimh for Cork before focusing his attention on a different code.
# The North
Announcement of no December Stormont election is 'Christmas miracle'
The NI Secretary has faced criticism for failing to provide clarity on whether he will call an election.
# fire and skill
Ireland's rock'n'roll rugby gives crowd their kicks at Aviva Stadium
Ireland matched South Africa in key areas before rolling out some of the hits on a memorable night at Lansdowne Road.
# Mixed Bag
Nationwide weather advisory issued for this weekend as rain and spot flooding expected
There has been reports of spot flooding in parts of the country in recent days.
# switching account
New dedicated phonelines set up to help vulnerable customers switch bank accounts
It comes as Ulster Bank and KBC prepare to leave the Irish market.
# Ulster Bank
Ulster Bank extends first account closure deadline until 4 November
The bank announced its withdrawal from the Irish market in February.
# November Tests
Lowe misses out, McCloskey and Stockdale return in 37-man Ireland squad
Andy Farrell has also named an additional panel of players for the Ireland A fixture against New Zealand.
# Banking
Mortgage customers 'frustrated' over wait times to switch lenders amid interest rate hikes
There has been a significant increase in applications over the last 12 months, brokers have said.
One customer started his application in July and still has not received a loan offer from the lender he wants to switch his mortgage to, Michelle Hennessy reports.
Brokers have said the exit of Ulster Bank and KBC from the market has left other lenders struggling to keep up with rising demand.
# tracker mortgages
Timeline: How the tracker mortgage scandal unfolded in Ireland
Bank of Ireland has been fined €100,520,000 by the Central Bank for its role in the controversy.
# News Fix
Here's What Happened Today: Tuesday
Here’s what made the headlines today.