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Saturday 1 April 2023 Dublin: 8°C

# Ulster Bank

All time
# Back in black
Ulster Bank made €752 million in profit last year
That marks its first profit since 2008.
# Building
It's taken a long time, but the construction industry is doing ok (especially on commercial projects)
The rate of growth in commercial activity remained sharp, despite easing for the third month running.
# race to the bottom
Ulster Bank is cutting its mortgage rates
This follows moves by First Permanent TSB and Bank of Ireland.
# rural ireland
A community is taking to the streets today to stop its local bank from closing
Ulster Bank announced last year that it would close 14 of its branches in the Republic.
# Prime Numbers
Twink, Superquinn sausages, Irish Water, and punts: Ireland by numbers in 2014
How many pigs are in Ireland? How many people are paid minimum wage? So many questions…
# Ferbane
These Offaly protesters don't want the only bank in their town closed
The Ferbane branch is one of 14 being closed by Ulster Bank.
# Prime Numbers
House prices, Too Many Cooks, and Stephanie Roche: The week in numbers
Plus: How many people should have had their fingerprints taken by gardaí over the past two years but didn’t?
# inbox me
The Briefcase: Grilled bankers, Taylor Swift and Alibaba's treasure trove
This was the week in business.
# ruled out
Two-thirds of first home buyers would not meet new Central Bank rules: Ulster Bank
The bank’s boss is not a fan of buyers having to save a 20% deposit.
# getting screwed
Why does Ulster Bank charge Irish customers much higher mortgage rates than those in NI?
The bank’s boss has been accused of “screwing” customers to pay for its bad decisions.
# IT glitch
Where does Ulster Bank's €3.5 million fine go?
To us, actually.
# the IT crowd
Remember Ulster Bank's IT failure in 2012? The bank has been fined €3.5 million over it
Thousands of customers were unable to access their accounts in 2012.
# news wrap
Today's top stories in 6 seconds
Don’t have time to mull over the news? Here’s everything you need to know.
# Too big to fail
Taxpayers may never have to bail out 'too-big-to-fail' banks again*
*If new laws proposed by the global banking watchdog are brought in… and if they actually work.
# If you build it...
Construction jobs are finally on the way back after being gutted in the recession
There has been an “almost continuous stream of good news” for the Irish economy lately.
# keepsies no backsies
Ulster Bank is planning more 'cost-saving initiatives' after closing a bunch of branches
But parent company RBS doesn’t want to sell its Irish arm any more now it’s making a profit.
# big landlord
Ireland's first real estate trust is now making nearly €53m a year in rent
Green REIT has finished a €375 million office and shopping-centre buyout as property trusts keep on spending big.
# new build
Been noticing more cranes about? Construction has increased for 12 straight months
A new survey says that there is more work and jobs are on the up.
# sell off
Ulster Bank is selling a massive €1.7 billion Irish loan book
The bank is hoping to sell its non-performing loans while interest in the Irish market is strong, experts said.
# this ain't over
Nama and Ulster Bank block Sean Dunne's bid to dismiss bankruptcy
# Pay Day
Delay in wage payments to Ulster Bank customers
A number of customers said they had not been paid this morning but the issue has now been resolved.
# Looking Up
Ulster Bank is feeling good about the economy - and predicting 3.1% growth this year
The bank is predicting a broader based recovery, with jobs outside Dublin on the cards.
# error
Ulster Bank is having some issues with its mobile banking this morning...
The bank said it is working hard to fix the problem.
# residential
Construction activity remains "robust" in tenth month of growth
The rate has slowed slightly in the past couple of months but remains strong according to an index by Ulster Bank.
# Branched Out
Ulster Bank is shutting down another ten branches
The bank blamed shifting consumer habits for the closures, but still attracted flak from the bankers union.
# Recovery
Construction activity eases slightly, but suppliers are now hiking their prices
The recovery continued to be centred on housing and commercial activity.
# Transactions
European Bank Holiday leaves employees without wages despite early warnings
No interbank transaction can take place across the EU today.
# Ulster Bank
Customers refunded after Ulster Bank ATM glitch
ATM withdrawals earlier in the week had been duplicated but the bank said this issue has now been resolved.
# back to bricks
Construction sector growth scales 2006 peaks
Employment and growth back on the menu for builders, albeit from a low base.
# News Fix
Here's What Happened Today: Tuesday
Everyone’s been talking about President Higgins’ State visit to the UK, Peaches Geldof and Oscar Pistorius wailing in the witness box.
# Questions and Answers
They're back: Bank executives to face TDs on mortgage restructuring
The last time bank executives provided updates to the Finance Committee they were criticised for not being direct enough.
# Competition time
Ireland needs more banks, says ESRI
Exodus of non-Irish banks during crisis hit the SME sector hard.
# Boost
Irish construction sector rose again during February
The sharpest expansion in activity was again recorded on residential projects.
# sponsored by ulster bank
6 times in life when "yes" is all anyone wants to hear
No buts or maybes, now – it has to be “yes”.
# Tony Rochford
Former Dáil hunger striker ends sit-in at Dublin bank
Tony Rochford had chained himself to a counter at the Blanchardstown Ulster Bank.
# Lifes a glitch
Ulster Bank hit by another technical problem
Just a week after resolving issues that left people unable to access their accounts, Ulster Bank has been hit by a delay in credit transfer files.
# Ulster Says Sorry
Ulster Bank says problems have been resolved
The company says that the issues stemmed from an IT problem at their parent company.
# Ulster Bank
Ulster Bank apologises as customers unable to withdraw cash from ATMs
The bank is saying tonight that if customers have been left out of pocket as a result, the issue will be “put right”.
# News Fix
Here’s What Happened Today: Monday
Everyone’s talking about the sentencing of Thomas Byrne, arrests over the Phoenix Park murder and more ‘top up’ revelations.