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Bank of Ireland is now becoming Bank of Ireland (UK) PLC

seatzie
Posts: 761 Forumite

Just got a letter in this morning, BOI are moving all N Ireland cutomers to a new subsidiary called Bank of Ireland (UK) PLC
Apparently its to "enable BOI to offer products in the UK market that are directly comparable with existing mainstream providers from a risk and protection standpoint"
so that could mean
a)less protection as ROI offers more or
b)getting away from the ROI banking system as it seems to still be in meltdown
theoretcially anyway its not supposed to make any difference to your day to day banking
Apparently its to "enable BOI to offer products in the UK market that are directly comparable with existing mainstream providers from a risk and protection standpoint"
so that could mean
a)less protection as ROI offers more or
b)getting away from the ROI banking system as it seems to still be in meltdown
theoretcially anyway its not supposed to make any difference to your day to day banking
Norn Iron Club Member #64
Wikkity Wikkity Wikkity Lets go racing!
Wikkity Wikkity Wikkity Lets go racing!
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Comments
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Just got a letter in this morning, BOI are moving all N Ireland cutomers to a new subsidiary called Bank of Ireland (UK) PLC
Apparently its to "enable BOI to offer products in the UK market that are directly comparable with existing mainstream providers from a risk and protection standpoint"
so that could mean
a)less protection as ROI offers more or
b)getting away from the ROI banking system as it seems to still be in meltdown
theoretcially anyway its not supposed to make any difference to your day to day banking
Are you insinuating that bankers manipulate banking system rules to suit themselves???
:eek:0
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