Loose Change

Consumer inquiries to Regulator up by 20% over Halifax withdrawal

20th February, 2010

Consumers’ inquiries to the Financial Regulator shot up by almost 20 per cent last week, as worried Halifax customers asked what the bank’s withdrawal from the Irish market would mean for them.

Just over a week ago, Bank of Scotland (Ireland) announced plans to wind down Halifax, its retail banking operation here. The British-owned BoSI, which is part of the Lloyds Banking Group, will continue to run a commercial banking operation here.


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