Remember them offering free flights when you opened a student account?
Is that Tommy from Fair City???? The bank fella at the end.
Celtic Tiger was a great time. I remember Eddie Hobbs on TV giving all those great financial advice 😅
I remember back in my teen days around the time this ad came out, Ulster Bank were doing an offer that if you opened a student account with them, it came with an automatic €650 overdraft. Literally every one of my friends opened an account, withdrew €650 and then just never paid it back.
RIP Celtic Tiger 1990-2008
Remember getting a phone call off the bank when I was 19 asking if I had started driving yet and did I need a car loan. Mental.
I remember this and when I went to UL it was part of the induction where the SU reps would end the tour at the on site bank where students would open a bank account and get a 10,000 loan. I had a bank account already so didn’t go for it but the amount of people I knew who were 10,000 in debt and still trying to pay it off when graduating just seemed to outweigh the rest! These were students who didn’t even have employment history let alone a job!
I was literally thinking of this ad yesterday
“We all partied” wasn’t quite true… but it wasn’t quite untrue either.
It’s a really good ad in fairness.
Halcyon days.
Train tracks girl is now in suburbia sending emails to. her local TD demanding an increase in speed bumps in the area.
Just remember folks, over borrowing doesn’t happen without over lending. Banks were incentivised to lend. That’s what caused the crash.
This behaviour across the global banking system.
I didn’t live here during the Celtic Tiger years, but I saw this ad recently on the “Michael Lynn: The Fugitive” documentary, and my jaw dropped. I remember coming home to Ireland on holidays during that time and being astonished at the amount of cash people were flashing. Watching this, it all made sense.
Bank of Ireland opened a branch in my college in 1999 and gave everyone who opened an account (and got a credit card) £150 in their current account
Cant remember which bank it was at the time, but there a bank with a stall setup during freshers week giving €100 free into the account you opened with them.
I remember years ago, going into a bank with my parents trying to get a loan to help me through college and being refused. Then during the Celtic Tiger, I got a letter saying I was pre-approved for a loan for 25k, no questions asked. And I was NOT a responsible person back then. Really shows how the whole country lost its collective mind. ‘Free Money’. ‘Safe as Houses’. hah.
I went in for a loan of €2k to buy a second hand Volkswagen polo when I was 19. I was working in river island for the minimum wage. I left with €20k, never bought the car and went to Greece for six months with the money.
Wow, hold on a minute everyone. Did they say 100 free text messages?!?!
I quote “traintracks are ching ching, bitta cash, you know?” to myself anytime I see ads for loans. The impact!
I use this in my economics class to show kids how recklessly banks were lending pre-crash. Most of them were just being born around that period, ancient history to them now!
Mark Twain — ‘A banker is a fellow who lends *you* his *umbrella* when the sun is shining, but wants it back the minute it begins to rain.’
Ah Tommy Dillion before he was riding the hole off Jo at the Plowing Championships!
Students getting out small loans isn’t what caused the banking crisis though.
I remember this. Was only a child at the time but remember fancying the train tracks girl.
I prefer the one about guilt tripping your parents into borrowing money to help you buy a house. TSB, perhaps?
And who could forget Permanent TSB in their 100% mortgage era paying God knows how much to get Frank Vincent in character as Phil Leotardo to shill them. Only a few years before the term banksters re-entered common parlance, so pretty prescient on their part
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God this is a blast from the past!
I remember this one.
Remember them offering free flights when you opened a student account?
Is that Tommy from Fair City???? The bank fella at the end.
Celtic Tiger was a great time. I remember Eddie Hobbs on TV giving all those great financial advice 😅
I remember back in my teen days around the time this ad came out, Ulster Bank were doing an offer that if you opened a student account with them, it came with an automatic €650 overdraft. Literally every one of my friends opened an account, withdrew €650 and then just never paid it back.
RIP Celtic Tiger 1990-2008
Remember getting a phone call off the bank when I was 19 asking if I had started driving yet and did I need a car loan. Mental.
I remember this and when I went to UL it was part of the induction where the SU reps would end the tour at the on site bank where students would open a bank account and get a 10,000 loan. I had a bank account already so didn’t go for it but the amount of people I knew who were 10,000 in debt and still trying to pay it off when graduating just seemed to outweigh the rest! These were students who didn’t even have employment history let alone a job!
I was literally thinking of this ad yesterday
“We all partied” wasn’t quite true… but it wasn’t quite untrue either.
It’s a really good ad in fairness.
Halcyon days.
Train tracks girl is now in suburbia sending emails to. her local TD demanding an increase in speed bumps in the area.
Just remember folks, over borrowing doesn’t happen without over lending. Banks were incentivised to lend. That’s what caused the crash.
This behaviour across the global banking system.
I didn’t live here during the Celtic Tiger years, but I saw this ad recently on the “Michael Lynn: The Fugitive” documentary, and my jaw dropped. I remember coming home to Ireland on holidays during that time and being astonished at the amount of cash people were flashing. Watching this, it all made sense.
Bank of Ireland opened a branch in my college in 1999 and gave everyone who opened an account (and got a credit card) £150 in their current account
Cant remember which bank it was at the time, but there a bank with a stall setup during freshers week giving €100 free into the account you opened with them.
I remember years ago, going into a bank with my parents trying to get a loan to help me through college and being refused. Then during the Celtic Tiger, I got a letter saying I was pre-approved for a loan for 25k, no questions asked. And I was NOT a responsible person back then. Really shows how the whole country lost its collective mind. ‘Free Money’. ‘Safe as Houses’. hah.
I went in for a loan of €2k to buy a second hand Volkswagen polo when I was 19. I was working in river island for the minimum wage. I left with €20k, never bought the car and went to Greece for six months with the money.
Wow, hold on a minute everyone. Did they say 100 free text messages?!?!
I quote “traintracks are ching ching, bitta cash, you know?” to myself anytime I see ads for loans. The impact!
I use this in my economics class to show kids how recklessly banks were lending pre-crash. Most of them were just being born around that period, ancient history to them now!
Mark Twain — ‘A banker is a fellow who lends *you* his *umbrella* when the sun is shining, but wants it back the minute it begins to rain.’
Ah Tommy Dillion before he was riding the hole off Jo at the Plowing Championships!
Students getting out small loans isn’t what caused the banking crisis though.
I remember this. Was only a child at the time but remember fancying the train tracks girl.
I prefer the one about guilt tripping your parents into borrowing money to help you buy a house. TSB, perhaps?
And who could forget Permanent TSB in their 100% mortgage era paying God knows how much to get Frank Vincent in character as Phil Leotardo to shill them. Only a few years before the term banksters re-entered common parlance, so pretty prescient on their part
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