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30/01/2002
Bank of Ireland to invest £6m in flagship Belfast branch
The Bank of Ireland has announced a £6 million investment in a flagship Belfast city centre branch.
According to the Bank of Ireland the investment is set to create a branch designed to set new standards in financial services for personal and business.
Unveiling the plans, David McGowan, Chief Executive of Bank of Ireland Northern Ireland, said the new city branch would open at the junction of Castle Place/High Street in the summer. However no new jobs will be created as a result of the expansion as 60 staff from the three existing branches will transfer over into the new base.
Mr McGowan said: "The three current branches each have drawbacks that prevent us from developing the quality of city centre branches that our customers deserve. We have chosen a building and a location that allows us to create the most advanced branch outlet in the city by designing it from the customers point of view.
"The branch will have more staff available to serve customers than the existing three branches combined. This means we can have state-of-the-art facilities comparable to, if not better than, any branch in the British Isles."
Mr McGowan said the investment was part of Bank of Ireland's strategy of maintaining and improving its branch services throughout Northern Ireland while further developing telephone and internet banking through Banking 365 for personal customers and the Business On Line service.
Bank of Ireland has also recently completed a new branch at University Road in Belfast at the cost of £1.25 million, replacing the old University branch nearby. (MB)
According to the Bank of Ireland the investment is set to create a branch designed to set new standards in financial services for personal and business.
Unveiling the plans, David McGowan, Chief Executive of Bank of Ireland Northern Ireland, said the new city branch would open at the junction of Castle Place/High Street in the summer. However no new jobs will be created as a result of the expansion as 60 staff from the three existing branches will transfer over into the new base.
Mr McGowan said: "The three current branches each have drawbacks that prevent us from developing the quality of city centre branches that our customers deserve. We have chosen a building and a location that allows us to create the most advanced branch outlet in the city by designing it from the customers point of view.
"The branch will have more staff available to serve customers than the existing three branches combined. This means we can have state-of-the-art facilities comparable to, if not better than, any branch in the British Isles."
Mr McGowan said the investment was part of Bank of Ireland's strategy of maintaining and improving its branch services throughout Northern Ireland while further developing telephone and internet banking through Banking 365 for personal customers and the Business On Line service.
Bank of Ireland has also recently completed a new branch at University Road in Belfast at the cost of £1.25 million, replacing the old University branch nearby. (MB)
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Northern Bank fined £1.25m for infringing money laundering rules
The Northern Bank has been fined £1,250,000 by the Financial Services Authority (FSA) today for breaches of its money laundering rules. The FSA said that the size of the fine "demonstrates the importance" it attaches to its statutory objective of reducing the chance of regulated firms being used for purposes connected to financial crime.
Northern Bank fined £1.25m for infringing money laundering rules
The Northern Bank has been fined £1,250,000 by the Financial Services Authority (FSA) today for breaches of its money laundering rules. The FSA said that the size of the fine "demonstrates the importance" it attaches to its statutory objective of reducing the chance of regulated firms being used for purposes connected to financial crime.
25 June 2013
New NI Bank Notes In Circulation
New bank notes have been released into circulation in Northern Ireland. The £10 and £20 notes are being issued from Danske Bank and will gradually replace the existing Northern Bank notes. The design of the notes remains the same, the only difference is the Danske Bank logo has replaced the Northern Bank logo.
New NI Bank Notes In Circulation
New bank notes have been released into circulation in Northern Ireland. The £10 and £20 notes are being issued from Danske Bank and will gradually replace the existing Northern Bank notes. The design of the notes remains the same, the only difference is the Danske Bank logo has replaced the Northern Bank logo.
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Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
