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have AIB been the next bank to be caught up in a scandal?

  • 08-08-2012 9:40pm
    #1
    Ghandee
    Closed Accounts Posts: 6,653 ✭✭✭


    So, after starting a thread over on the banking form asking for advice.



    http://www.boards.ie/vbulletin/showthread.php?t=2056721917

    About a seemingly serious error AIB made on my credit history, it seems I'm not the only one.
    The Irish Credit Bureau has said it has fully corrected all relevant customer records, following AIB's admission that it misreported missed customer loan repayments to it over a six-year period.

    The ICB, which is owned by financial institutions including AIB, said it was first alerted to the problem six weeks ago by AIB.

    Chief Executive Seamus O Tighearnaigh said the ICB and AIB have been working together to deal with the problem.

    He said the Data Protection Commissioner was informed and letters were sent to customers affected last weekend.

    He said what happened was wrong and the ICB would now write to its other members to alert them.

    The Office of the Data Protection Commissioner said it was a serious breach of data protection law; at the upper end of the scale.

    http://www.rte.ie/news/2012/0808/icb-aib.html



    This will do an already struggling bank no favors IMO.

    Anyone else get a letter? If so, what do you plan to do next?


Comments

  • #2
    OldmanMondeo
    Registered Users, Registered Users 2 Posts: 3,009 ✭✭✭OldmanMondeo


    How many people have been refused loans because of this mess up. But, how many of those would be glad that they didn't get the loan now...


  • #3
    admiralofthefleet
    Closed Accounts Posts: 15,515 ✭✭✭✭admiralofthefleet


    rotten bank, anyone any idea how i can switch to another one thats isnt as rotten?


  • #4
    Ghandee
    Closed Accounts Posts: 6,653 ✭✭✭Ghandee


    admiralofthefleet wrote: »
    rotten bank, anyone any idea how i can switch to another one thats isnt as rotten?

    I'm jumping ship too.

    Fed up with them at this stage tbh.


  • #5
    joolsveer
    Registered Users, Registered Users 2 Posts: 2,297 ✭✭✭joolsveer


    Which bank would you move to?


  • #6
    Ghandee
    Closed Accounts Posts: 6,653 ✭✭✭Ghandee


    Putting aside the recent woes of UB, I've been told nothing but good reports about them up until then, so would consider them.....


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  • #7
    Fart
    Registered Users Posts: 1,825 ✭✭✭Fart


    joolsveer wrote: »
    Which bank would you move to?

    The Bank of the Holy Empire of Deanianity.


  • #8
    Ghandee
    Closed Accounts Posts: 6,653 ✭✭✭Ghandee


    Fart wrote: »
    The Bank of the Holy Empire of Deanianity.

    Have they a branch in Dublin?

    Its their online banking service up to much?


  • #9
    Seaneh
    Banned (with Prison Access) Posts: 18,300 ✭✭✭✭Seaneh


    UB is the only solvent bank in the country and they have excellent CS, the "blip" wasa pain in the arse though.


  • #10
    patwicklow
    Registered Users, Registered Users 2 Posts: 1,937 ✭✭✭patwicklow


    F@CK the banks back to the mattress would be better then the shower of ****s that is out there!


  • #11
    Solair
    Closed Accounts Posts: 7,230 ✭✭✭Solair


    Seaneh wrote: »
    UB is the only solvent bank in the country and they have excellent CS, the "blip" wasa pain in the arse though.

    Since when have then been any better than our lot? UB = RBS which had to be nationalised and owned by the British Government at the moment due to its incredible financial situation a few years ago.

    Ulster Bank itself is responsible for a completely disproportionate amount of the RBS loan book too.

    http://www.irishtimes.com/newspaper/finance/2012/0505/1224315654069.html

    They're FAR from a model of prudent banking!

    At least the local bailed out messes can still manage to work their computers :)

    In general the entire banking industry just seems to be a complete disaster, globally.


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  • #12
    Ghandee
    Closed Accounts Posts: 6,653 ✭✭✭Ghandee


    Solair wrote: »
    Since when have then been any better than our lot? UB = RBS which had to be nationalised and owned by the British Government at the moment due to its incredible financial situation a few years ago.

    Ulster Bank itself is responsible for a completely disproportionate amount of the RBS loan book too.

    http://www.irishtimes.com/newspaper/finance/2012/0505/1224315654069.html

    They're FAR from a model of prudent banking!

    At least the local bailed out messes can still manage to work their computers :)

    In general the entire banking industry just seems to be a complete disaster, globally.



    So if i was to change banks, who would you recommend changing to?

    Seems the choices are pretty limited.


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