Menu
03/08/2012
Lafferty Group To Create 40 Jobs
An Taoiseach, Enda Kenny TD today, announced that the Lafferty Group is to locate key educational and publishing activities for the global banking industry in Westport, Co Mayo creating around 40 jobs over the next 3 years, with the support of IDA Ireland. The Lafferty Group is a London-based banking education, research and publishing company established over thirty years ago by Roscommon native, Michael Lafferty.
The Westport activities will include the research and content division of the International Academy of Retail Banking (IARB), a new Lafferty business that began its international roll-out last year. The IARB has clients in over twenty countries.
The Academy has been designed by an international group of senior retail bankers to provide professional education programmes and examinations for the retail banking sector as well as acting as an international professional body for retail bankers.
The worldwide content for the Academy programmes will be researched and developed in the Westport office.
The Academy is governed by a global advisory board of senior retail bankers and academics. Its academic director is Professor Abdul Rahman, Professor of Finance at the University of Ottawa in Canada. It is co-chaired by Dick Harryvan, former CEO of international retail bank ING Direct and Michael Lafferty, Chairman of the Lafferty Group.
The Academy faculty is drawn mainly from the ranks of current and former retail bankers, card and payments executives, as well as from academia across the globe. The Academy provides education through classroom tuition within individual banks, mainly in the English language. It also provides open courses attended by executives from multiple banks.
The Academy expects to be accredited by the UK’s Chartered Banker Institute, the oldest banking institute in the world and by national educational regulators in Singapore, South Africa and other countries in which it will run programmes.
The Academy programmes and qualifications will have a broadly similar structure to the education systems of the Irish and UK accounting bodies and will combine work experience, classroom study and examinations.
(CD/GK)
The Westport activities will include the research and content division of the International Academy of Retail Banking (IARB), a new Lafferty business that began its international roll-out last year. The IARB has clients in over twenty countries.
The Academy has been designed by an international group of senior retail bankers to provide professional education programmes and examinations for the retail banking sector as well as acting as an international professional body for retail bankers.
The worldwide content for the Academy programmes will be researched and developed in the Westport office.
The Academy is governed by a global advisory board of senior retail bankers and academics. Its academic director is Professor Abdul Rahman, Professor of Finance at the University of Ottawa in Canada. It is co-chaired by Dick Harryvan, former CEO of international retail bank ING Direct and Michael Lafferty, Chairman of the Lafferty Group.
The Academy faculty is drawn mainly from the ranks of current and former retail bankers, card and payments executives, as well as from academia across the globe. The Academy provides education through classroom tuition within individual banks, mainly in the English language. It also provides open courses attended by executives from multiple banks.
The Academy expects to be accredited by the UK’s Chartered Banker Institute, the oldest banking institute in the world and by national educational regulators in Singapore, South Africa and other countries in which it will run programmes.
The Academy programmes and qualifications will have a broadly similar structure to the education systems of the Irish and UK accounting bodies and will combine work experience, classroom study and examinations.
(CD/GK)
Related Northern Ireland News Stories
Click here for the latest headlines.
07 December 2021
Bank of Ireland Launches Digital Banking Video Tutorial Series
The Bank of Ireland (BoI) has announced the launch of a new video tutorial series to make digital banking safer and more accessible for customers young and old.
Bank of Ireland Launches Digital Banking Video Tutorial Series
The Bank of Ireland (BoI) has announced the launch of a new video tutorial series to make digital banking safer and more accessible for customers young and old.
30 October 2023
Historic Portrush Bank Transformed With £2.5m Investment
Northern Ireland's largest hotel group, Andras Hotels, has invested £2.5 million to restore the former Belfast Banking Corporation building in Portrush. The listed building, originally built in 1898, has been refurbished and converted to serviced apartments and a café bar.
Historic Portrush Bank Transformed With £2.5m Investment
Northern Ireland's largest hotel group, Andras Hotels, has invested £2.5 million to restore the former Belfast Banking Corporation building in Portrush. The listed building, originally built in 1898, has been refurbished and converted to serviced apartments and a café bar.
01 April 2019
Rural Banks Face Closure Risks Amid ATM Thefts- SDLP
The theft of cash machines is a crime that has affected many communities in Northern Ireland recently, with an upsurge in the number of ATMs being ripped from the walls of commuercial premises using diggers. An SDLP representative has now warned that banks in rural areas may shut their doors due to a spate of robberies.
Rural Banks Face Closure Risks Amid ATM Thefts- SDLP
The theft of cash machines is a crime that has affected many communities in Northern Ireland recently, with an upsurge in the number of ATMs being ripped from the walls of commuercial premises using diggers. An SDLP representative has now warned that banks in rural areas may shut their doors due to a spate of robberies.
25 January 2019
SF Urge Santander To Reconsider Antrim Branch Closure
A Sinn Fein MLA is urging commercial banking group Santander to rethink plans to shut its Antrim High Street branch at the end of May. Declan Kearney's comments follow the company's announcement of a UK-wide reshuffle which will see 140 stores closed, as a response to shifts in consumer demand.
SF Urge Santander To Reconsider Antrim Branch Closure
A Sinn Fein MLA is urging commercial banking group Santander to rethink plans to shut its Antrim High Street branch at the end of May. Declan Kearney's comments follow the company's announcement of a UK-wide reshuffle which will see 140 stores closed, as a response to shifts in consumer demand.
23 February 2012
Ulster Bank Reports £1bn Losses In 2011
Ulster Bank’s pre-tax losses have reached £1bn for 2011 it has been revealed. This marks a £300m increase on the reported losses for the bank in 2010. It is understood that the bank’s losses are mainly due to impairment charges, such as writing off bad debt.
Ulster Bank Reports £1bn Losses In 2011
Ulster Bank’s pre-tax losses have reached £1bn for 2011 it has been revealed. This marks a £300m increase on the reported losses for the bank in 2010. It is understood that the bank’s losses are mainly due to impairment charges, such as writing off bad debt.
-
Northern Ireland WeatherThis Evening and Tonight:It will be cloudy with a spell of heavy rain pushing south through late evening and the early hours, soon followed by some clear spells. Minimum temperature 6 °C.
