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Ulster Bank has announced a phased withdrawal from the Irish market

Ulster Bank has announced a phased withdrawal from the Irish market The bank s wind down will take place over a number of years, with no immediate change for customers.  In a statement, Ulster Bank says it s made a non-binding agreement with AIB for the sale of €4 billion worth of performing commercial loans.  It s also in early discussions with Permanent TSB regarding other parts of the business. Announcing the phased withdrawal, Ulster Bank Chief Executive Officer, Jane Howard said: “The decision by NatWest to withdraw from this market is hugely disappointing and today will be a difficult and worrying time for our colleagues across the Bank. It may also lead to customer questions and concerns as to how this decision may impact them and their day-to-day banking needs.

Ulster Bank Announces Withdrawal From Irish Market

Ulster Bank Announces Withdrawal From Irish Market
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