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Central Bank of Ireland takes PPI action

Nov 21, 2012 By 3p Contributor

The Central Bank of Ireland is threatening to take enforcement action against six banks it has investigated over the mis-selling of payment protection insurance (PPI) policies. It has ordered Bank of Ireland, Allied Irish Banks, Educational Building Society, GE Money, Permanent TSB and Ulster Bank to review all their sales of PPI policies since August 2007. A seventh unnamed lender is also being investigated.

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