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13/02/2012
Proposals Suggest NI Nama
Proposals have emerged, that if adopted, would see a new bank dealing with property debt being established in Northern Ireland.
This will be a Nama-style bank like that in the Republic of Ireland and it is hoped that its creation will make local banks more willing to lend to businesses.
The British Bankers’ association has made the call for the ‘debt bank’.
Nama in the South of Ireland (known fully as the National Assets Management Agency) bought out the toxic bank debt left in Irish banks after the property crash. Its job is to buy and then manage property loans, which had been made by the Dublin-based banks.
It is believed that a local arrangement, similar to Nama, could inspire confidence in the banking sector in Northern Ireland.
(LB)
This will be a Nama-style bank like that in the Republic of Ireland and it is hoped that its creation will make local banks more willing to lend to businesses.
The British Bankers’ association has made the call for the ‘debt bank’.
Nama in the South of Ireland (known fully as the National Assets Management Agency) bought out the toxic bank debt left in Irish banks after the property crash. Its job is to buy and then manage property loans, which had been made by the Dublin-based banks.
It is believed that a local arrangement, similar to Nama, could inspire confidence in the banking sector in Northern Ireland.
(LB)
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21 August 2013
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Residential property prices in Northern Ireland increased for first time since 2007, according to a new report. The Northern Ireland Residential Property Price Index report for the second quarter of 2013 showed that between quarter one and quarter two, residential property prices increased by 2%.
NI Property Prices Increase
Residential property prices in Northern Ireland increased for first time since 2007, according to a new report. The Northern Ireland Residential Property Price Index report for the second quarter of 2013 showed that between quarter one and quarter two, residential property prices increased by 2%.
27 April 2004
Lisney named as leading property agency in NI
Belfast consultancy Lisney has been named as the leading commercial property agency in Northern Ireland by the online version of leading property journal Estates Gazette. Lisney came out on top in Northern Ireland in the EGi Deals competition, which seeks to find the most active commercial property agents in the UK.
Lisney named as leading property agency in NI
Belfast consultancy Lisney has been named as the leading commercial property agency in Northern Ireland by the online version of leading property journal Estates Gazette. Lisney came out on top in Northern Ireland in the EGi Deals competition, which seeks to find the most active commercial property agents in the UK.
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.
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
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.
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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