Advertisement
News

Ulster bank announces phased withdrawal from Irish market

Feb 19, 2021 08:43 By Shannonside News
Ulster bank announces phased withdrawal from Irish market
Share this article

Ulster Bank has announced a phased withdrawal from the Irish market. It will take place over a number of years, with no immediate change for

Ulster Bank has announced a phased withdrawal from the Irish market.

It will take place over a number of years, with no immediate change for customers.

Staff have been told there will be no additional compulsory redundancies this year.

Advertisement

Ulster Bank has branches in Longford, Castlerea, Carrick on Shannon and Roscommon town.

The bank has made a non-binding agreement with AIB for the sale of 4 billion euro worth of performing commercial loans.

Ulster Bank CEO Jane Howard says they're in early discussions regarding the sale of customer's mortgages.

Tags used in this article
Share this article
Advertisement
Advertisement

Shannonside Newsletter

Sign up now to keep up to date with the latest news.

Processing your request...

You are subscribed now! please check your email to confirm your subscription.

Copyright © 2024 Shannonside FM. Developed by Square1 and Powered by PublisherPlus