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Friday 8 December 2023 Dublin: 9°C

# Bank of Ireland

This year
Bank of Ireland raises variable mortgage rates by 0.25%
Meanwhile, the ECB is keeping interest rates steady for the first time since July 2022.
Bank of Ireland gives customers six months to make repayments after summer ATM 'glitch'
Bank of Ireland has written to all impacted customers and given them a free overdraft facility for 90 days.
Bank of Ireland issues warning over new scam targeting business customers
The bank has told customers to “never, ever” share app codes with others.
Bank of Ireland to increase savings and deposit rates
Irish banks have been criticised for not passing higher interest rates back to savers via higher deposit rates.
Bank of Ireland falls foul of advertising code for depicting backyard burning on TV ad
Ireland’s advertising watchdog has released its latest bulletin of complaints about advertising and marketing.
Bank of Ireland chief apologises for 'significant technical outage' on Tuesday
A glitch on Tuesday saw Bank of Ireland customers able to withdraw more money than what was available in their accounts.
BOI outage ‘extremely serious’ but didn’t damage Ireland’s reputation, Paschal Donohoe says
Bank of Ireland has moved to assure customers that their account balances should be up-to-date after glitch on Tuesday.
Gardaí say they received more than 40 calls from public over rush on ATMs
Gardaí say there was no national directive to police ATMs but questions have been raised about their presence at some machines.
Finance Minister wants 'full account' of what happened with BOI glitch
The glitch saw Bank of Ireland customers able to withdraw more money than what was available in their accounts.
BOI suggests it won't charge interest to customers who withdrew extra cash during IT glitch
Large queues formed at ATMs across the country yesterday evening after rumours spread that people were able to withdraw more money than they had available in their BOI accounts.
Gardaí close access to ATMs after queues form following glitch with Bank of Ireland app
People are being cleared from ATMs in areas where lengthy queues have formed.
BOI and AIB have made €1 billion this year. Is it time to revisit the decision to privatise them?
A report by
Paul O'Donoghue
The State has been an uneasy shareholder ever since the taxpayer-funded bailout during the financial crisis.
Bank of Ireland reports pre-tax profit of €1 billion in first six months of the year
The bank’s interim results show that new lending of €5.2 billion was up 20% compared to the first six months of last year.
Bank of Ireland warning customers of increase in 'Hi mum/dad' scam texts
These messages ultimately lead the customer to website links that are not genuine.
Bank of Ireland increases fixed mortgage rates for fourth time in less than a year
Bank of Ireland said the increase follows ‘cumulative increases of 4% in European Central Bank rates since July 2022′.
Bank of Ireland to open some branches tomorrow after online banking services crash
Many customers took to social media upset that they couldn’t check their bank balance and salaries on the last Friday of the month.
Public warned over fraudsters seeking bank details through eFlow text message scam
Bank of Ireland said consumers are reporting a consistently high volume of these text messages.
Bank of Ireland apologises over error in transferring over around 35,000 KBC mortgages
The mortgage “start date” for a number of mortgages transferring from KBC to BOI was “incorrectly inputted into our systems”.
Drivers warned of an increase in motorway text scams ahead of the Easter weekend
The scam text message urges people to pay outstanding toll charges or update account details.
Bank of Ireland increases on fixed mortgage rates to take effect from today
The bank’s fixed mortgage rates for new and existing customers will increase by 0.5%.
KBC Bank to close 11 of its 12 branches this evening
Just one KBC hub at Grand Canal in Dublin will remain open until 31 August.
KBC closes major deal with Bank of Ireland ahead of Irish market exit
Bank of Ireland is acquiring substantially all of KBC Bank Ireland’s performing loan assets and deposits.
Bank of Ireland increasing fixed mortgage rates again
The banks’s fixed interest rates will increase by 0.75% for all new mortgage loan drawdowns.
Last year
Restoring bankers bonuses and removing pay caps an 'insult' to working families, Dáil hears
The decision was criticised by Social Democrats co-leader Róisín Shortall.
Bank of Ireland names former chief financial officer as new CEO
Myles O’Grady has been named as the new CEO of Bank of Ireland, replacing interim incumbent Gavin Kelly.
Bank of Ireland immediately raises interest rates by 0.25% for new fixed rate mortgages
Bank of Ireland says the move is ‘in light of recent interest rate increases by the European Central Bank’.
Bank of Ireland sees 40% increase in fraudulent text and call cases compared with last month
Consumers are being warned about a combined fake text and phone call fraud tactic.
The wound will always remain: The families affected by the Tracker Mortgage Scandal
‘One family have to drive past the house they did own every day’.
Timeline: How the tracker mortgage scandal unfolded in Ireland
Bank of Ireland has been fined €100,520,000 by the Central Bank for its role in the controversy.
Bank of Ireland hit with record €100.5 million fine over tracker mortgage scandal
The bank denied nearly 16,000 of its customers access to cheaper tracker mortgages.
The bank was sanctioned for denying nearly 16,000 customers access to cheaper tracker mortgages.
The Central Bank said Bank of Ireland’s failures resulted in the loss of 50 properties, including 25 family homes.
Bank of Ireland admitted in full to 81 separate regulatory breaches.
Irish State no longer a shareholder in Bank of Ireland following sale of shares
Proceeds generated from the trade amount to approximately €841 million.
Tracker mortgages set for increase as ECB hikes interest rates by record 0.75 percentage points
The ECB is already playing catch-up with US and British central banks that started raising rates faster in response to inflation.
Bank of Ireland completes €427m purchase of Davy
Davy was put up for sale last year after the Central Bank of Ireland levied a fine of €4.1 million against the company.
KBC writes to customers giving them six months to close their accounts
The bank has 130,000 current accounts that are active or have a balance.
Bank of Ireland apologises after customers report difficulties buying Springsteen tickets
Tickets went on sale at 8am for the singer’s Dublin shows in 2023.
Watchdog clears Bank of Ireland €9 billion KBC deal despite 'significant' concerns
The sale would see Bank of Ireland acquire KBC’s performing loan assets.
Flurry of announcements caps off noteworthy week for Irish banks and their customers
Stakeholders say the industry is staring down the barrel of one of the biggest logistical challenges in its history.
Bank of Ireland announces CEO Francesca McDonagh to step down
McDonagh joined Bank of Ireland in October 2017 as Group Chief Executive Officer.
Ulster Bank gives current and deposit account customers six months' notice to switch providers
Separately, KBC Bank announced yesterday that from June, customers will get 90 days’ notice to move their accounts.
Banks 'ill-prepared for the biggest logistical challenge in Irish banking since the euro'
A report by
Ian Curran
Concerns have been raised that the exits of Ulster Bank and KBC Bank could be “the perfect storm” for the remaining banks.
Concerns have been raised that the exits of Ulster Bank and KBC Bank could be "the perfect storm" for the remaining banks.
Over one million customers will have to choose a new provider and switch over their current accounts.
But the Financial Services Union believes significant customer service issues are likely to arise, Ian Curran reports.
Is your bank exiting the market? Take action soon, experts say. Here's what you need to know