All Entries Tagged With: "bank of ireland"
Irish Government takes control of Anglo Irish and injects €5.5bn into Banks
The Irish government is injecting £5.13 billion (€5.5 billion) into the Bank of Ireland (ISE:BKIR), Allied Irish Bank (ISE:ALBK) and the Anglo Irish (PINK:AGCPF) in a bid to avoid a crisis, the government have already guaranteed the giants of the banking sector with €400 billion of savings and liabilities.
Both Allied Irish Bank and Bank of [...]
First Active, Ulster Bank and Bank of Ireland: Will Pass on Interest Rate Cut
First Active and Ulster Bank announced following the European Central Bank cut that they were reducing the mortgage rates. Customers of either bank who hold a mortgage on a Flexible Mortgage Rate or a Standard Variable Rate will see the interest rate on their mortgage reduced by 0.5 percent, with the Flexible mortgage rate being [...]
Some British banks could enjoy the government guarantee
When the Irish government announced that the savings in Ireland’s biggest banks would be guaranteed 100 percent, the British banks complained strongly that the Irish banks had been given an unfair advantage. So when Bank of Ireland, Allied Irish, Irish Nationwide building Society, Irish Life & Partnership and Educational building society began to enjoy the [...]