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17/06/2010
Bishops Seek Review Of Bank Fiscal Policy
Northern Ireland's top banks have today been accused of 'holding back economic recovery' across the Province.
That's the shock view of NI's religious leaders who last night united to call for urgent meetings with the banks and politicians "to find a new way forward in resolving the financial crisis".
They said while they were not advocating a return to the high-risk lending practices which led to the economic downturn, they wanted to see a balance between measures aimed at restoring the strength to the banking sector and ensuring the survival of businesses.
The initiative comes after a number of prominent businesses across Northern Ireland approached the Church of Ireland Archbishop of Armagh, The Most Reverend Alan Harper for his help.
The President of the Methodist Church, the Reverend Paul Kingston and the Moderator of the Presbyterian Church, Dr Norman Hamilton are also involved.
Cardinal Sean Brady said the current situation where solid businesses were being denied the capital required to remain competitive was unsustainable.
Archbishop Harper said he and his colleagues had been collecting examples of the way in which the banks have failed, in their opinion, to live up to their obligations or to operate according to the norms of best practice.
He alleged there was a "tangible risk" to the economy by banks seeking to restore their own balance sheets too quickly.
Church of Ireland Archbishop of All-Ireland, Alan Harper, said he was concerned the banking system posed a threat to the general wellbeing of thousands of individuals and families.
(BMcC/GK)
That's the shock view of NI's religious leaders who last night united to call for urgent meetings with the banks and politicians "to find a new way forward in resolving the financial crisis".
They said while they were not advocating a return to the high-risk lending practices which led to the economic downturn, they wanted to see a balance between measures aimed at restoring the strength to the banking sector and ensuring the survival of businesses.
The initiative comes after a number of prominent businesses across Northern Ireland approached the Church of Ireland Archbishop of Armagh, The Most Reverend Alan Harper for his help.
The President of the Methodist Church, the Reverend Paul Kingston and the Moderator of the Presbyterian Church, Dr Norman Hamilton are also involved.
Cardinal Sean Brady said the current situation where solid businesses were being denied the capital required to remain competitive was unsustainable.
Archbishop Harper said he and his colleagues had been collecting examples of the way in which the banks have failed, in their opinion, to live up to their obligations or to operate according to the norms of best practice.
He alleged there was a "tangible risk" to the economy by banks seeking to restore their own balance sheets too quickly.
Church of Ireland Archbishop of All-Ireland, Alan Harper, said he was concerned the banking system posed a threat to the general wellbeing of thousands of individuals and families.
(BMcC/GK)
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20 January 2009
Northern Bank 'Laundering' Trial Underway In Cork
One of the largest ever bank heists is being recalled today as the trial begins in Cork of a father and son accused of money-laundering offences in connection with the £26.5m Northern Bank robbery in Belfast just over four years ago.
Northern Bank 'Laundering' Trial Underway In Cork
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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.
15 November 2012
Northern Bank Becomes Danske
Today the Northern Bank officially becomes Danske Bank. The new name comes from the bank’s Danish parent and will see branches across Ireland, Norway, Finland, Latvia, Estonia and Lithuania adopt the new title.
Northern Bank Becomes Danske
Today the Northern Bank officially becomes Danske Bank. The new name comes from the bank’s Danish parent and will see branches across Ireland, Norway, Finland, Latvia, Estonia and Lithuania adopt the new title.
10 January 2007
New Church of Ireland Primate named
The Church of Ireland has named the man who will succeed Archbishop Robin Eames as the new All-Ireland Primate. The Right Reverend Alan Harper, the current bishop of Connor, who was one of the favourites to take over from Dr Eames, will now be known as Archbishop of Armagh and Primate of all Ireland.
New Church of Ireland Primate named
The Church of Ireland has named the man who will succeed Archbishop Robin Eames as the new All-Ireland Primate. The Right Reverend Alan Harper, the current bishop of Connor, who was one of the favourites to take over from Dr Eames, will now be known as Archbishop of Armagh and Primate of all Ireland.
10 May 2012
Northern Bank To Be Rebranded
Danske Bank has announced a new organisational set-up for its operations in Northern Ireland and Ireland. The new structure will take effect on 1 June 2012. The re-organisation mirrors a similar Group wide set-up being introduced in all Danske Bank operations.
Northern Bank To Be Rebranded
Danske Bank has announced a new organisational set-up for its operations in Northern Ireland and Ireland. The new structure will take effect on 1 June 2012. The re-organisation mirrors a similar Group wide set-up being introduced in all Danske Bank operations.
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