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Thursday 18th of March 2010

News Tag: six months

November 4, 2009

Bank of Ireland posts losses of almost €1bn

by Kay Murchie
”Bank
Bank of Ireland has today reported a pre-tax loss of €979 million for the six months to the end of September, compared to a profit of €647 million in the same period a year ago. The bank described the last six months as "difficult" and said it was very cautious about future economic prospects, adding that there were "some indications ...



December 3, 2008

Northern Rock holds back on repossession for six months

by Gill Montia
Northern Rock holds back on repossession for six months
Northern Rock is to follow the lead established earlier this week by Royal Bank of Scotland and not begin repossession proceedings until mortgage borrowers are six months or more in arrears with repayments. The nationalised lender has come in for criticism over its repossession policy. In October, debt charity Credit Action claimed that the bank's level of repossessions was twice ...



December 1, 2008

RBS borrowers allowed six months to sort out mortgage arrears

by Gill Montia
RBS borrowers allowed six months to sort out mortgage arrears
RBS, which last week completed a fundraising that left the taxpayer as majority owner of the bank, has pledged to allow homeowners in financial difficulties more time to sort out their mortgage arrears. Borrowers with RBS or its NatWest subsidiary will not face repossession proceeding until they are six months in arrears with repayments, rather than the customary ...