We understand the following protection is in place with the following institutions: This is the latest information on the level of guarantee or protection for money held in Irish financial institutions or those operating in Ireland. Updated in March 2013 Post Office Savings Bank; . Irish Government guarantees all deposits with no end date Under […]
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Allied Irish Bank
Slow Progress on PPI Investigations
Payment Protection Insurance Review Back in October 2012 – seven Irish financial institutions were instructed by the Central Bank to undertake a review of all their PPI sales made since July 2007. Only 6 companies were named – they were Bank of Ireland, Allied Irish Bank, EBS, GE Money, Ulster Bank and Permanent TSB. All […]
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Watch out for Duplicate Debit Card Transactions
This week – some people may have seen their bank accounts going overdrawn because of debit card transactions being processed twice by mistake . Eighty eight thousand debit and credit card transactions processed by AIB Merchant Services were duplicated on Monday . The duplicated transactions have been identified and should be reversed by the end […]
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AIB International Closing Down by End of 2012
AIB announced in the spring that as part of it’s restructuring and cost cutting exercise it was closing down it’s offshore operations – AIB International. The original target date for winding up of operations was the end of December 2013 – but things have moved faster than planned and by the end of this year, […]
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Who Owns NAMA ?
Most of the general public in Ireland will assume hat NAMA is fully owned by the Irish Government . (Probably – most of the general public in Ireland don’t really care.) If the bad debts turn out to be OK – then NAMA could make a profit – so that could be good for the […]
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