Get Certified List Of Directors - Ulster Bank

It ended in February 2021 when NatWest confirmed it was leaving the Republic of Ireland after more than 160 years. Its business north of the Border was unaffected. The move will allow the parent bank to access capital that has up to now been tied up in Ulster Bank and will see it slash its costs.

Ulster Bank. Ulster Bank has said 20 workers based in Northern Ireland will be made redundant as a result of its exit from the Republic of Ireland market this year. Ulster Bank's 63 remaining branches in the Republic of Ireland are to cease transactions on March 31, 2023 and close on April 21, 2023.

Twelve of the 25 Ulster Bank branches due to transfer to Permanent TSB as part of the sale of performing non-tracker mortgages worth €6.2bn will close later today as the NatWest-owned lender continues its withdrawal from the Irish market.

We've expanded our Branch network As part of the Ulster Bank transaction, permanent tsb acquired 25 Ulster Bank Branch locations around Ireland, demonstrating our continued commitment to serving communities around the country.

“There has been a market failure and there is a banking crisis, and the Bank of Ireland is closing branches. The private market is not providing the solution and market forces are going to make matters worse so there is a requirement for Government intervention,” Mr Power said.

Ireland is already under banked compared to other countries of our size, so the last thing we needed was for two big players to exit the market and reduce competition even further. Ulster Bank's exit will most keenly be felt in the SME loans sector where it provides the only real competition to BOI and AIB.

Mary Walsh. Mary Walsh was appointed to the UBIDAC Board in July 2021 as an Independent Non-Executive Director.

On 21st April 2023, all Ulster Bank Branches in the Republic of Ireland will permanently close. Details of the cessation of services are as follows: Branches will cease transactional services other than transactions to support with account closure requests on the 31st of March 2023.