Buying a bank: closed rural branches being transformed into homes
Bank buildings are usually well-maintained, centrally located and have stylish period features, and grants are available to convert them to homes
KBC Bank Ireland
Arrival of first overseas bank since Celtic Tiger a ‘win’ for consumers
Bankinter decision to target savings rates will be welcomed by Irish customers who largely have their money in ‘on demand’ accounts offering paltry returns
Spain’s Bankinter to enter Irish banking market
Move would mark the first new entrant here since 2005, and follows a slew of exits since the crash
Banks’ focus will shift to investor paybacks in 2024 even as ECB cuts rates
Analysts mark down profit expectations for Irish lenders as interest rate dynamics mean lower return on excess savings and more competition
Personal finance review of 2023: Banks depart, pensions for all (almost) arrive and rising rates hit homeowners (but not savers)
Falling inflation and the prospect of lower interest rates point to better times for consumers in 2024 though more competition in banking would help
Former Bank of Ireland chief Francesca McDonagh hired to lead German-based funds servicer
UK-born banker found herself at the epicentre of Europe’s biggest banking crisis in more than a decade while at Credit Suisse
KBC freezes final 143 Irish current accounts as last services end
Belgian-owned bank to also close its remaining branch and end its online banking on Thursday
Bank of Ireland makes profit of more than €1bn in first half of the year
Net interest income surges to €1.8bn as bank gets 3.75% rate on surplus deposits lodged with central bank
Trust in banks remains negative but improving, survey shows
Irish banking sector scores minus 15 in public survey carried out this year, up from minus 25 a year ago
Irish Banking Culture Board out of step with banks with call to extend levy
Charge raises about €87 million a year
More than 92% of Ulster Bank and KBC Bank Ireland accounts closed
Both banks are currently in the process of exiting the Irish market after announced their intentions to leave in 2021
Court upholds €1,000 award to KBC customer not personally notified of interest rate reduction on account
Bank said it had notified customers via advertisements
RDI Hub announces €1m mortgage innovation initiative
New Bank of Ireland backed fund will support projects that drive innovation in mortgage process
Bank of Ireland’s new mortgage lending more than doubles in first quarter
But bank saw decline in UK and international corporate lending during the period
Ulster Bank has shut its doors. What does this mean for the future of banking in Ireland?
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
More than 60,000 main Ulster and KBC current accounts still open last month
About 85 per cent of accounts open at start of last year closed or inactive at the end of March
Some 35,000 KBC mortgage borrowers hit by data error after transfer to Bank of Ireland
Error has resulted in the lender not filing monthly loan performance updates to the Central Credit Register
ICS Mortgage’s parent bond deal lifts competition hopes
Cantillon: Nonbank lenders had been expected to help fill the void after the departure of Ulster Bank and KBC Bank from Irish market
Most bank customers losing money by not switching, says ESRI
Research, commissioned by the Department of Finance, surveyed almost 3,000 consumers to get an insight into consumer behaviour in retail financial services
KBC seeks occupier for landmark Dublin headquarters as part of exit from Irish market
Belgian-owned bank retains QRE Real Estate Advisers to manage disposal of commercial property portfolio
Ulster Bank credit cards to stop working this month
Customers urged to 'act now' if they have not switched to a new service provider
Ulster Bank and KBC account closures gather pace
Some 78,000 new accounts opened with other banks by end of January, up 40%
KBC plans €1bn payout to investors after Irish loans sale
Payout could be by way of a share buyback or extraordinary dividend
Increase in mortgage activity not a sign of normal service resuming
‘In essence the market is flat’, says one financial adviser
Ulster Bank problem mortgages fall 25% amid deal flurry ahead of exit
Only 50 of 650 KBC staff eligible to move to Bank of Ireland have so far signed up
‘Huge progress’ in account switching by Ulster and KBC customers
Data indicate sizeable decline in customers using old current accounts for payments over Christmas
Absence of ATMs and bank branches would be ‘detrimental’ to wellbeing
Finance committee report to focus less on money and more on role banking plays in society
AIB cleared to buy €5.7bn Ulster Bank tracker mortgage portfolio
Regulator’s decision is the fourth and final one related to the Ulster Bank and KBC exits from the market
Half of main Ulster Bank and KBC current accounts remain open – Central Bank
Pace of switching has slowed in November, according to data, as both banks have begun freezing inactive or low-use accounts
Sell or stick: What to do with retirement property investment gone sour
Q&A: With buy-to-let still delivering income as planned, the key question is whether you can still afford the mortgage
KBC Ireland starts closing current accounts as BoI deal gets final nod
Account closure process likely to extend into next summer
Irish banking landscape has several worrying aspects
Recent years have seen bank branch closures and curtailment of essential services so they can focus on more profitable activities and outlets
Will Donohoe move on banking access to cash, pay and levies before McGrath handover?
Report on the future of banking lands on minister's desk just as Cabinet reshuffle looms
Why did Ulster Bank charge me to close my current account?
Q&A: Charges will not relate to account closure, but customer’s difficulty in getting an answer suggests ongoing problems with moving accounts
‘Significant’ new wave of food inflation expected amid strengthening US dollar
Seen & Heard: Wind farm finance; Lansdowne Place legal claims; Dublin Airport’s north runway; Louis Fitzgerald restaurant plans, AerCap’s insurance battle, KBC staff transfer
SMEs urged to act as 80% of Ulster and KBC business accounts remain open
More than 63,000 business current accounts have been opened across the remaining banks so far this year
Over 60% of Ulster Bank and KBC Ireland accounts remained open by end of October, Central Bank says
More than 800,000 accounts opened so far this year in remaining three banks in Irish market
Bank of Ireland hikes interest income forecast amid rising rates
Lender expected to increase mortgage rates soon
Insurers warn of risks to policies as Ulster Bank and KBC retreat
Consumers may lose cover if direct debits lapse
KBC Ireland deposits and loans fall ahead of sale to Bank of Ireland
Lender set to exit Ireland in early 2023
Ulster and KBC to close accounts, Bartra’s letter, and Stripe’s job cuts
Business Today: the best news, analysis and comment from The Irish Times business desk
Ulster Bank and KBC to press ahead with account closures despite concerns
Stakeholders have been urged to redouble efforts over coming months as accounts are frozen and closed
Central Bank could ‘take action’ to delay Ulster Bank and KBC Bank exits
Governor Gabriel Makhlouf said the process has ‘left something to be desired’
Couple near retirement had no prospect of repaying unsuitable mortgage, court told
The couple say they learned they had been mis-sold only in 2019 after going to financial adviser
IDA has legal costs awarded against it in row with Connect Ireland
Seen and heard: Irish Distillers looks to sell Cork craft brewer; Revenue scales up enforcement action; conditions expected to be attached to AIB's Ulster Bank mortgage book; and Port f Cork explores LNG facility
‘Inertia’ among KBC and Ulster Bank switchers means banks must do more
Of more than 850,000 accounts still open at the two departing institutions, around 300,000 are users’ main accounts increasing their risk of disruption
Can my daughter walk out on fixed mortgage rate as lender is leaving the market?
Q&A: The normal rules penalising people for exiting early from fixed rates may not apply in the current exceptional environment
Ulster Bank to delay freeze on busier accounts as initial deadline looms
Lender expects to freeze about 1,000 accounts from November 11th
Small firms with Ulster Bank or KBC accounts should ‘act without delay’ to switch banks
Just 3% of the 292,996 accounts closed by exiting lenders by end of August were held by SME customers
Getting a mortgage is even more complex for those returning from abroad
Q&A: Few lenders consider expat mortgages and if you apply on landing, you’ll be stuck in limbo on a probation period to prove your income
Concerns older people not switching accounts from Ulster Bank and KBC
Bank of Ireland sees record current account openings as 61 branches set to open at weekends to support customers
Less than a third of customers moving from Ulster and KBC have updated direct debits
About 500,000 current accounts need to move from KBC and Ulster Bank as lenders set to exit State
Central Bank eases credit history rules amid ‘big switch’
Regulator easing rules as customers move from Ulster Bank and KBC
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