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Ulster Bank set to exit Irish market after more than 160 years


Ulster Bank set to exit Irish market after more than 160 years
Goldman Sachs engaged with number of parties interested in elements of loan book
Wed, Feb 17, 2021, 09:05
Updated: Wed, Feb 17, 2021, 21:52
An announcement is scheduled to be made on Friday morning as the UK group reports annual results. File photograph: Nick Bradshaw
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The board of NatWest is set to decide on Thursday evening on a proposal to wind down Ulster Bank in the Republic after more than 160 years in the market, setting the stage for a likely break-up of the lender’s €20.5 billion loan book, according to sources. ....

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