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Ulster Bank - base rate from ECB or Bank of England?

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  • 14-04-2010 8:43pm
    #1
    pmchill16
    Registered Users Posts: 11 ✭


    There has been a lot of talk about the "Irish" banks increasing their interest rates over the coming months!

    Is Ulster Bank considered to be one of these "Irish" bank? Does UB base their rates on the ECB or bank of england?

    I'm asking this questions as I've just come off a fixed with UB and I'm woundering to fix or stay with their Variable rate or consider switching?

    Which other banks are available for business (apart from AIB)?

    For Info the rates offered are;
    Fixed Dec 2011 - 4.0% APR
    Fixed Dec 2012 - 4.3% APR
    Fixed Dec 2013 - 4.3% APR
    Variable - 3.8 APR


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  • Options
    #2
    rameire
    Registered Users Posts: 4,152 ✭✭✭rameire


    They base their rates on ECB
    when in the ROI

    But in NI they base their rates on Bank Of England rates.

    🌞 3.8kwp, 🌞 Split 2.28S, 1.52E. 🌞 Clonee, Dub.🌞



  • Options
    #3
    sarahlulu
    Registered Users Posts: 295 ✭✭sarahlulu


    AIB are not accepting switchers. BOI would be your best bet


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