Menu
21/07/2009
Bankers Get Further Executive Grilling
Senior executives from Barclays Bank were in the frame earlier this week as NI's political leaders continued their engagement with leading financial institutions.
First Minister Peter Robinson and Deputy First Minister Martin McGuinness also met today with executives from the Progressive Building Society and further meetings are planned with other major lenders.
Mr McGuinness said: "The First Minister and I are determined to do all we can to ensure that the financial institutions operating here are working in the best interests of local customers, at both personal banking and business banking levels.
"These meetings are part of our wider effort, which includes the establishment of the Cross Sectoral Advisory Forum, to ensure the Executive's policies and actions reflect the economic conditions being experienced in the wider community.
"We have been heartened by the willingness of the financial institutions to work with us in this process, which we intend to continue," he said.
Commenting on the continued series of meetings Mr Robinson said: "These meetings provide us with the opportunity to convey first-hand the difficulties households are facing in the depressed housing market in the current economic climate.
"We are still concerned about reports that credit may not be getting to local businesses despite the positive messages that the banks have conveyed to us," he said, noting that they hoped that a continued commitment is shown to lending to local businesses and that this will lead to an expansion of use of the government guarantee schemes to boost lending.
(BMcC/KMcA)
First Minister Peter Robinson and Deputy First Minister Martin McGuinness also met today with executives from the Progressive Building Society and further meetings are planned with other major lenders.
Mr McGuinness said: "The First Minister and I are determined to do all we can to ensure that the financial institutions operating here are working in the best interests of local customers, at both personal banking and business banking levels.
"These meetings are part of our wider effort, which includes the establishment of the Cross Sectoral Advisory Forum, to ensure the Executive's policies and actions reflect the economic conditions being experienced in the wider community.
"We have been heartened by the willingness of the financial institutions to work with us in this process, which we intend to continue," he said.
Commenting on the continued series of meetings Mr Robinson said: "These meetings provide us with the opportunity to convey first-hand the difficulties households are facing in the depressed housing market in the current economic climate.
"We are still concerned about reports that credit may not be getting to local businesses despite the positive messages that the banks have conveyed to us," he said, noting that they hoped that a continued commitment is shown to lending to local businesses and that this will lead to an expansion of use of the government guarantee schemes to boost lending.
(BMcC/KMcA)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
18 November 2011
Access To Lending 'Critical' For Business
Bankers have been again asked to help businesses out as much as possible during the current recessionary times - with Stormont taking a leading role in encouraging them to be pro-active in aiding NI's economic recovery.
Access To Lending 'Critical' For Business
Bankers have been again asked to help businesses out as much as possible during the current recessionary times - with Stormont taking a leading role in encouraging them to be pro-active in aiding NI's economic recovery.
11 November 2011
Stormont Fillip Helps Bankers Aid NI Economy
Recessionary times are being addressed on many fronts by local banks - with Stormont also taking a leading role in encouraging bankers to be pro-active in aiding NI's economic recovery.
Stormont Fillip Helps Bankers Aid NI Economy
Recessionary times are being addressed on many fronts by local banks - with Stormont also taking a leading role in encouraging bankers to be pro-active in aiding NI's economic recovery.
11 July 2001
MARKS & SPENCER REPORT FURTHER SALES SLUMP
UK retailer Marks & Spencer has reported a 9.1 per cent slump in clothing sales during the 14 weeks up to 7 July. This represents a further decline since the company's last update when sales fell in the same area by 6.5 per cent. However, on a more positive note the company’s food sector showed continued profitability with a 5.9 per cent - or 4.
MARKS & SPENCER REPORT FURTHER SALES SLUMP
UK retailer Marks & Spencer has reported a 9.1 per cent slump in clothing sales during the 14 weeks up to 7 July. This represents a further decline since the company's last update when sales fell in the same area by 6.5 per cent. However, on a more positive note the company’s food sector showed continued profitability with a 5.9 per cent - or 4.
04 October 2001
Bill Gates to speak at CBI business awards
One of the world’s most successful entrepreneurs, the Chairman of Microsoft, Bill Gates, will deliver the keynote address at this year’s Real Business/CBI Growing Business Awards.
Bill Gates to speak at CBI business awards
One of the world’s most successful entrepreneurs, the Chairman of Microsoft, Bill Gates, will deliver the keynote address at this year’s Real Business/CBI Growing Business Awards.
06 November 2015
Council Hosts 'Small Business Saturday Bus Tour'
Belfast City Council hosted the 'Small Business Saturday Bus Tour' at City Hall on Thursday, 05 November, which is touring the UK to highlight small business success and encourage people to 'shop local'.
Council Hosts 'Small Business Saturday Bus Tour'
Belfast City Council hosted the 'Small Business Saturday Bus Tour' at City Hall on Thursday, 05 November, which is touring the UK to highlight small business success and encourage people to 'shop local'.
-
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.
