As we wrote a few weeks ago – the sale of Bord Gais Energy to Centrica will result in a name change for Bord Gais Eireann. It is now official – and “Ervia” is legally the new name of the company that is responsible for Irish Water and Gas Networks Ireland . (Gas Networks Ireland […]
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Banking Crisis
Government Launch New Bank for Lending to Businesses
A new bank called the Strategic Banking Corporation of Ireland (SBCI) has been launched by the Government today (May 22nd) . It is planned that the new company will make over €500 million of new credit available to Irish small businesses . The government say that the new SBCI will provide loans that are currently […]
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Bord Gais Energy Sell Off Confirmed
As was announced back in – December the privatisation of Bord Gais Energy has now been agreed and is expected to be completed before July 2014. British firm Centrica – owners of British Gas – has finally agreed to buy the gas and electricity supply arm and a gas-fired power plant from Bord Gais Eireann […]
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Danske Bank Pulling the Plug on Ireland
Danske Bank (formerly NIB / National Irish Bank ) have announced they are no longer accepting new personal banking customers . They will not be offering mortgages , loans , current accounts or savings accounts to new customers as from 1st November 2013. All existing current/deposit account customers will eventually have their accounts closed and […]
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Anglo Irish Tapes – No Action To Be Taken
Back in June 2013 some taped phone calls between staff at Anglo Irish Bank were “leaked” by the Irish Independent. See Here The conversations suggest that the Financial Regulator was misled by staff at Anglo Irish This week it appears no action will be taken because the Central Bank have stated it “does not intend, […]
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