It has recently come to light that some Ulster Bank mortgage customers in Ireland have been undercharged on their mortgages. The problem affects some customers who were on an “Interest Only” mortgage which was supposed to revert to a normal repayment mortgage after a specific time period . In some cases the change to capital […]
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Financial Regulator
IBRC Liquidation and Promissory Notes – What is going On ?
We will try and give a quick dummies guide to what the heck is hapening with all the stuff about the ECB , IBRC and the promissory notes. It’s all getting very complicated and most people are just wondering how it will affect their jobs, taxes ,bills and public services. What were these Promissory Notes […]
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Ulster Bank Compensation Details
Ulster Bank have finally announced details of compensation arrangements for Republic of Ireland customers affected by the IT problems in June and July of this year. Ulster Bank have always stated that “no one will be left permanently out of pocket”. Refunds: The bank states that any fees and interest that were charged as a […]
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Ulster Bank Problems – Now Fixed They Say
The latest information on progress on the IT problems at Ulster Bank Ulster Bank say that the majority of their accounts are now showing up to date account balances for customers. “All of our systems are running as normal in the timeframes we would expect and normal service has now been restored for the majority […]
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Nyberg Report into Irish Banking Crisis
A report titled “MISJUDGING RISK: CAUSES OF THE SYSTEMIC BANKING CRISIS IN IRELAND” has been released this week. It was comissioned by the last Minister of Finance – Brian Lenihan who set up the “Statutory Commission of Investigation into the Banking Sector in Ireland” There was only one member of this Comission – Mr Peter […]
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