Bank of Ireland scores five-star ratings

Bank of Ireland UK was the only local bank to be included in this year’s 5 Star Ratings following Moneyfacts annual assessment of the business current account market across the UK.

“As Northern Ireland’s enterprise bank we work hard to create the products and local services and advice that will support ambitious business owners,” said Bernard Rooney, head of NI consumer and small business.

“We know that growth businesses face challenges around competition, pricing, profitability and cash flow and we’re particularly delighted that the business current accounts we launched early last year, have been recognised by independent experts for the added value they bring to our business customers.”

Moneyfacts editor Lee Tillcock said: “The day-to-day costs of having a business current account are an important concern for many business owners.

In light of this, the accounts from Bank of Ireland UK have achieved the highest rating in the 2016 Business Current Account Star Ratings due to their cost-effectiveness.