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Daily Banking Industry News
Monday 06th of September 2010
July 22, 2010

Clydesdale and Yorkshire Banks apologise for mortgages mistake

by Richard Kilner

Story link: Clydesdale and Yorkshire Banks apologise for mortgages mistake

Clydesdale and Yorkshire Banks have mailed 18,000 variable rate mortgage customers to apologise for a miscalculation regarding their payments.
The error means that the customers have been underpaying, and will now be required to close the gap between what has been paid and what ought to have been paid.
The banks have apologised for any inconvenience this [...]



July 20, 2010

Bank customers urged not to reveal card details

by Richard Kilner

Story link: Bank customers urged not to reveal card details

Customers of Clydesdale and Yorkshire Banks have been urged not to give away personal and banking details in response to unsolicited e-mails or telephone calls.
The banks have, following calls from customers, stated they are not associated in any way with Royalty Travels.
Customers of the banks have indicated that Royalty Travels may suggest they have won [...]



November 9, 2007

Clydesdales profits surge by 16%

by Richard Kilner

Story link: Clydesdales profits surge by 16%

Defying the credit crunch and the slowing of the economy, Clydesdale Bank’s profits have substantially grown, up 16% in the past year.
Compared with last year, the bank sold 20% more mortgages and saw a 25% increase in its business lending.
This is the latest stage in a turn around since more turbulent times. The bank’s owner, [...]



June 27, 2007

Strong Growth in Offset Mortgage Market

by Gill Montia

Story link: Strong Growth in Offset Mortgage Market

According to Yorkshire Bank, four million borrowers in the UK could collectively save over £29 billion if they switched their mortgage, savings and current accounts to an offset mortgage.
The bank has estimated that four million people run their finances through one bank or building society, which could mean that they lose an average of £11,000 [...]




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