Your Search Returned 10 tagged news reports
Bank of Ireland has suffered almost one billion euro losses in six months this year. The lender made a pre-tax loss of 979 million euro for the half year to the end of September, compared with a profit of 647 million euro last year.
Tags: The Bank of Ireland, million euro, tax loss, Northern Ireland, NIB, National Irish Bank, bad loans
The bank made an operating profit of £35m, but had to set aside £104m to cover loans it thinks might not be repaid. Chief Executive Gerry Mallon said "ongoing difficulties in the property sector" reflected the amount they have set aside for potential...
Tags: bad loans, NIB, National Irish Bank, danske banks, set aside, nib reported, Danske Bank A/S, house price
Bank data for Allied Irish Banks, Bank of Ireland, Anglo Irish Bank, Ulster Bank and National Irish Bank indicate they are turning down an average of 14pc of credit applications from small to medium-sized enterprises (SMEs), according to consultants Mazars.
Tags: Bank of Ireland, Irish Banks, National Irish Bank, Anglo Irish Bank, Ulster Bank
According to the Central Statistics Office, industrial production was down 10pc from November and fell by 13pc compared to December 2007. National Irish Bank economist Dr Ronnie O'Toole warned that forward-looking indicators of industrial production in...
Tags: National Irish Bank, Ireland, industrial production, Edelman Trust Barometer
Dublin shares were marked down sharply at the start after bank shares fell, catapulted lower by Danske Bank 's decision to take a hit on its Irish subsidiary and a report from Davy which predicted losses for all the major banks apart from Irish Life &...
Tags: Irish Banks, National Irish Bank, Bank of Ireland, Irish Life & Permanent, Irish Life and Permanent, AIB, Danske Bank, survey shows, 1bn bond, European Central Bank
National Irish Bank (NIB) has reported a pre-tax loss of €552 million in 2008 due to loan impairments of €228 million and a once-off goodwill write-off of €395 million. Income at the bank increased by 13 per cent to €204 million while costs fell by 12...
Tags: Danske Bank, National Irish Bank, million euro, tax loss
Sales, which totalled €2.35 billion ($3 billion) in the period, fell 6 per cent excluding currency movements, the Dublin-based company said today in a statement. Like-for-like sales in Ireland fell 19 per cent, while UK sales by that measure slipped 6...
Tags: sales, slump, National Irish Bank
The executive will meet on Thursday 20 November and on a weekly basis until business is up to date, the first and deputy first ministers said. Peter Robinson said there had been "a satisfactory resolution of the most difficult issues"...Both ministers...
Tags: Brian Cowen, Bank of Ireland, Mr Cowen, DUP, National Irish Bank, Mr Obama
National Irish Bank has reported a pre-tax loss of €49 million for the nine-month period to the end of September. The loss includes a €94 million loan impairment charge, largely arising from the bank’s lending to property developers. This compares to...
Tags: NIB, National Irish Bank
British authorities notified the EU's state aid regulator on Tuesday (local time) of their 50 billion pound ($111 billion) purchase of Bradford and Bingley's mortgage portfolio and the sale of its deposits and branches to Spanish bank Santander. "The...
Tags: European, U.S. Senate, US Senate, National Irish Bank, finance ministers, Ulster Bank, savings products, France, Northern Rock, Germany