AIB has had a policy of exempting large charities with bank balances of over €1 million which collect donations from the public, but this excluded not-for-profit organisations such as social enterprises. Picture: Rollingnews.ie
AIB has decided to drop negative interest rate charges for large non-profit bodies and to issue refunds to a small number of them. The bank charges a negative interest rate of minus 0.5 per cent on business accounts with a balance of more than €1 million. This is to reflect the same 0.5 per cent negative interest charge it pays for saving excess funds – beyond what is required for financial stability – with the...
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
State-owned, non-commercial LNG terminal is mooted as part of energy security review | Business PostCreation of gas storage capacity and conserving some Corrib gas for emergencies are also raised as possible strategies by review team
Source: businessposthq - 🏆 8. / 71 Read more »
Matt Cooper: How can Britain be the guarantor for a Ukrainian peace deal when it has shown such bad faith on Brexit? | Business PostThe Business Post website is the home of quality independent journalism. An Irish and global news service, with award winning comment and analysis cooper_m The British government and intelligence agencies failed to conduct any proper assessment of Kremlin attempts to interfere with the 2016 Brexit referendum, according to the long-delayed Russia report. simoncoveney MarosSefcovic
Source: businessposthq - 🏆 8. / 71 Read more »
Online casino company sues Facebook in dispute over ads | Business PostIn Touch Games is seeking damages and compensation for alleged Competition Act breaches over Pocketwin commercials
Source: businessposthq - 🏆 8. / 71 Read more »
Harrington pledges to match Ukraine donations made by Irish golf courses | Business PostThe two-time Open winner says four golf clubs have already raised €10,000, while six more have just signed up taaffems A class response from a class act. Well done Padraig
Source: businessposthq - 🏆 8. / 71 Read more »
Whiskey body drops US patent application | Business PostPrivate lobby group Irish Whiskey Association had been applying for a certification mark for the term ‘Irish whiskey’, but dropped the application following protests from smaller producers
Source: businessposthq - 🏆 8. / 71 Read more »