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15/09/2010
Bank Hit By Builder's Failure
One of NI's best known banks is likely to lose more than £2m it is owed by a property company which went into administration.
The Ulster Bank was owed £3.4m by Hanna Quality Homes Limited when administrators were appointed last year.
A report filed by the administrator now shows that the bank can expect to get back about £1.2m from the sale of assets. Most of the assets are land and properties in the Portrush and Coleraine areas.
The report, compiled by the administrator from FGS McClure Watters, also details how the wife of company director William Hanna "purchased the plant and equipment of the company for £10,207 less than its value".
(BMcC/KMcA)
The Ulster Bank was owed £3.4m by Hanna Quality Homes Limited when administrators were appointed last year.
A report filed by the administrator now shows that the bank can expect to get back about £1.2m from the sale of assets. Most of the assets are land and properties in the Portrush and Coleraine areas.
The report, compiled by the administrator from FGS McClure Watters, also details how the wife of company director William Hanna "purchased the plant and equipment of the company for £10,207 less than its value".
(BMcC/KMcA)
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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.
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.
03 January 2007
Bank robbery charges dropped
The County Down man accused of the £26 million Northern Bank robbery in 2004, has had the charges against him dropped. Dominic McEvoy, 23, a builder from Mullandra Park in Kilcoo, was not present in Belfast Magistrates Court during the hearing.
Bank robbery charges dropped
The County Down man accused of the £26 million Northern Bank robbery in 2004, has had the charges against him dropped. Dominic McEvoy, 23, a builder from Mullandra Park in Kilcoo, was not present in Belfast Magistrates Court during the hearing.
07 January 2005
Consequences ‘dire and grim’ says Robinson
The consequences for Sinn Féin will be “dire and grim” if Chief Constable Hugh Orde confirms IRA involvement in the £22 million Northern Bank robbery last month, said DUP deputy leader Peter Robinson.
Consequences ‘dire and grim’ says Robinson
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19 July 2007
Bangor company goes into administration
Thermomax, a Bangor based company that makes solar heating systems, has gone into administration. The company, an employer of 185 people, had won numerous awards including a prestigious Queen’s Award for Enterprise in 2001. However, Thermomax have run into financial problems and administrators are in talks with potential buyers.
Bangor company goes into administration
Thermomax, a Bangor based company that makes solar heating systems, has gone into administration. The company, an employer of 185 people, had won numerous awards including a prestigious Queen’s Award for Enterprise in 2001. However, Thermomax have run into financial problems and administrators are in talks with potential buyers.
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Northern Ireland WeatherThis Evening and Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Perhaps a touch of ground frost. Cloud will spread east towards morning. Minimum temperature 2 °C.
