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#Ulster Bank

# ulster-bank - Friday 5 August, 2022

Almost 300,000 new current accounts have been opened this year, figures show
# Irish Banking
# Irish Banking

Almost 300,000 new current accounts have been opened this year, figures show

Aug 5th 2022, 7:16 AM 14,204 Views 15 Comments

The figures indicated that Ulster Bank and KBC current account customers are heeding advice to switch banks.

# ulster-bank - Friday 22 July, 2022

Competition watchdog green lights Permanent TSB's €7.6 billion deal with Ulster Bank
# The Big Bank Switch
# The Big Bank Switch

Competition watchdog green lights Permanent TSB's €7.6 billion deal with Ulster Bank

Jul 22nd 2022, 9:24 AM 18,000 Views 18 Comments

The deal includes 25 of Ulster Bank’s branches.

# ulster-bank - Wednesday 20 July, 2022

Under half of polled customers have moved KBC and Ulster Bank accounts ahead of closures
# Withdraw
# Withdraw

Under half of polled customers have moved KBC and Ulster Bank accounts ahead of closures

Jul 20th 2022, 8:52 AM 14,831 Views 18 Comments

Ulster Bank and KBC are leaving the Irish market.

# ulster-bank - Wednesday 1 June, 2022

Ulster Bank to sell €6 billion mortgage portfolio to AIB
# Ulster Bank
# Ulster Bank

Ulster Bank to sell €6 billion mortgage portfolio to AIB

Jun 1st 2022, 8:45 PM 20,769 Views 6 Comments

Ulster Bank and KBC are both in the process of exiting the Irish market.

# ulster-bank - Wednesday 18 May, 2022

Here's What Happened Today: Wednesday
# The Fix
# The Fix

Here's What Happened Today: Wednesday

May 18th 2022, 9:14 PM 9,957 Views 1 Comment

Here’s your round-up of what made the headlines today.

Exiting Ulster Bank gives customers six-month 'deadline' to repay their overdrafts
# The Banks
# The Banks

Exiting Ulster Bank gives customers six-month 'deadline' to repay their overdrafts

May 18th 2022, 4:25 PM 38,991 Views 27 Comments

But bank officials said the lender will remain flexible and urged customers having difficulties to come forward immediately.

# ulster-bank - Tuesday 10 May, 2022

Competition authority launches full probe into Permanent TSB's €7.6 billion Ulster Bank deal
# The Banks
# The Banks

Competition authority launches full probe into Permanent TSB's €7.6 billion Ulster Bank deal

May 10th 2022, 2:20 PM 15,370 Views 6 Comments

The investigation will determine whether the proposed acquisition could lead to a substantial lessening of competition in the State.

# ulster-bank - Friday 29 April, 2022

Flurry of announcements caps off noteworthy week for Irish banks and their customers
# The Banks
# The Banks

Flurry of announcements caps off noteworthy week for Irish banks and their customers

Apr 29th 2022, 12:26 PM 16,360 Views 0 Comments

Stakeholders say the industry is staring down the barrel of one of the biggest logistical challenges in its history.

KBC Bank extends its account closure notice to six months
# KBC Bank
# KBC Bank

KBC Bank extends its account closure notice to six months

Apr 29th 2022, 7:46 AM 15,990 Views 11 Comments

The original timeframe was 90 days.

# ulster-bank - Thursday 28 April, 2022

AIB cleared to acquire €4.2 billion Ulster Bank loan porfolio
# Green Light
# Green Light

AIB cleared to acquire €4.2 billion Ulster Bank loan porfolio

Apr 28th 2022, 9:47 PM 18,423 Views 27 Comments

Ulster Bank is set to withdraw all of its banking services from Ireland.

# ulster-bank - Wednesday 27 April, 2022

Central Bank tells sector 'more needs to be done' for customers hit by KBC and Ulster Bank closures
# Account Switch
# Account Switch

Central Bank tells sector 'more needs to be done' for customers hit by KBC and Ulster Bank closures

Apr 27th 2022, 2:33 PM 9,967 Views 12 Comments

Both Ulster Bank and KBC Bank are winding down their operations in Ireland.

# ulster-bank - Friday 15 April, 2022

Is your bank exiting the market? Take action soon, experts say. Here's what you need to know
# The Banks
# The Banks

Is your bank exiting the market? Take action soon, experts say. Here's what you need to know

Apr 15th 2022, 12:05 AM 28,381 Views 20 Comments
  • Ulster Bank and KBC Bank are in the process of winding down their Irish operations as announced last year.
  • Concerns have been raised in recent months about the scale of the logistical challenges involved.
  • Consumer experts say customers have time to sort out new arrangements but they should "take action" soon.

# ulster-bank - Wednesday 13 April, 2022

Ulster Bank gives current and deposit account customers six months' notice to switch providers
# The Banks
# The Banks

Ulster Bank gives current and deposit account customers six months' notice to switch providers

Apr 13th 2022, 1:39 PM 28,400 Views 11 Comments

Separately, KBC Bank announced yesterday that from June, customers will get 90 days’ notice to move their accounts.

# ulster-bank - Monday 28 March, 2022

Ulster Bank to write to customers, giving them six months to close current and deposit accounts
# The Banks
# The Banks

Ulster Bank to write to customers, giving them six months to close current and deposit accounts

Mar 28th 2022, 3:23 PM 35,118 Views 27 Comments

It’s part of the NatWest-owned bank’s phased withdrawal from the market in the Republic of Ireland, announced in February 2021.

# ulster-bank - Friday 31 December, 2021

Competition watchdog to fully investigate AIB and Ulster Bank loan book deal
# Business
# Business

Competition watchdog to fully investigate AIB and Ulster Bank loan book deal

Dec 31st 2021, 4:43 PM 17,835 Views 12 Comments

The CPCC has decided to investigate whether the deal could substantially lessen competition in Ireland

# ulster-bank - Friday 17 December, 2021

Permanent TSB signs agreement to buy €7 billion of Ulster Bank mortgages and 25 branches
# PTSB
# PTSB

Permanent TSB signs agreement to buy €7 billion of Ulster Bank mortgages and 25 branches

Dec 17th 2021, 10:21 AM 14,736 Views 12 Comments

The bank will also acquire Business Direct and Lombard Asset Finance loan business under the deal.

# ulster-bank - Wednesday 8 December, 2021

Ulster Bank customers will be given six months notice to close their accounts
# Withdrawal
# Withdrawal

Ulster Bank customers will be given six months notice to close their accounts

Dec 8th 2021, 8:10 PM 45,600 Views 27 Comments

The bank’s CEO said today that none of its 88 branches will close during the first half of next year.

# ulster-bank - Thursday 2 December, 2021

Ulster Bank urges customers not to switch banks 'at last minute'
# Withdrawal
# Withdrawal

Ulster Bank urges customers not to switch banks 'at last minute'

Dec 2nd 2021, 2:00 PM 39,057 Views 17 Comments

The bank has committed to giving up to six months notice of its departure in 2022.

# ulster-bank - Wednesday 20 October, 2021

Competition watchdog launches full probe of Bank of Ireland proposal to buy KBC Bank loans
# The Banks
# The Banks

Competition watchdog launches full probe of Bank of Ireland proposal to buy KBC Bank loans

Oct 20th 2021, 3:50 PM 15,057 Views 13 Comments

The CCPC said an in-depth investigation was required to determine whether the deal would weaken competition.

# ulster-bank - Friday 23 July, 2021

Permanent TSB plans to take over €7.6 billion of Ulster Bank loans and 25 branches
# Banking
# Banking

Permanent TSB plans to take over €7.6 billion of Ulster Bank loans and 25 branches

Jul 23rd 2021, 8:48 AM 16,729 Views 40 Comments

Ulster Bank has over one million customers, along with 2,800 staff and 88 branches across the country.

# ulster-bank - Monday 28 June, 2021

AIB to take on €4.2 billion worth of Ulster Bank's corporate and commercial loan book
# Banking
# Banking

AIB to take on €4.2 billion worth of Ulster Bank's corporate and commercial loan book

Jun 28th 2021, 10:10 AM 13,062 Views 17 Comments

The move will see 280 Ulster Bank employees move over to AIB as part of the deal.

# ulster-bank - Thursday 24 June, 2021

Banking on the short-term — The government is selling 'part' of its 13.9% stake in Bank of Ireland. But why now?
# The Banks
# The Banks

Banking on the short-term — The government is selling 'part' of its 13.9% stake in Bank of Ireland. But why now?

Jun 24th 2021, 6:45 AM 16,419 Views 15 Comments

Finance minister Paschal Donohoe announced the six-month sale process yesterday.

# ulster-bank - Tuesday 30 March, 2021

Ulster Bank topped the Financial Ombudsman's complaints table in 2020 for the second year in a row
# The Banks
# The Banks

Ulster Bank topped the Financial Ombudsman's complaints table in 2020 for the second year in a row

Mar 30th 2021, 11:40 AM 6,408 Views 5 Comments

The watchdog also received 492 new complaints about tracker mortgages in 2020.

# ulster-bank - Thursday 25 March, 2021

Ulster Bank fined €37.8 million for its 'unacceptable' handling of tracker mortgage scandal
# The Banks
# The Banks

Ulster Bank fined €37.8 million for its 'unacceptable' handling of tracker mortgage scandal

Mar 25th 2021, 12:01 PM 51,118 Views 80 Comments

It’s the largest fine the Central Bank of Ireland has ever handed out.

# ulster-bank - Wednesday 3 March, 2021

Permanent TSB reports a pre-tax loss of €166 million in 2020 as Covid hits new lending
# The Banks
# The Banks

Permanent TSB reports a pre-tax loss of €166 million in 2020 as Covid hits new lending

Mar 3rd 2021, 8:31 AM 10,538 Views 18 Comments

The 75% State-owned bank took a loan impairment charge of €155 million.

# ulster-bank - Tuesday 23 February, 2021

Ulster Bank boss apologises to staff following months of uncertainty about future of jobs
# Ulster Bank
# Ulster Bank

Ulster Bank boss apologises to staff following months of uncertainty about future of jobs

Feb 23rd 2021, 7:26 PM 15,221 Views 5 Comments

Ulster Bank and NatWest were heavily criticised by TDs for its treatment of staff.

# ulster-bank - Friday 19 February, 2021

Central Bank to ensure Ulster Bank customers are treated fairly, as it moves to pull out of Ireland
# The Banks
# The Banks

Central Bank to ensure Ulster Bank customers are treated fairly, as it moves to pull out of Ireland

Updated Feb 19th 2021, 7:22 PM 82,148 Views 81 Comments
  • Ulster Bank said this morning that the move won’t mean an immediate change for customers
  • Staff are "deeply disappointed" by the decision to wind down Ulster Bank in Ireland
  • Minister for Finance Paschal Donohoe called it a "difficult day" from an Irish banking perspective and for Ulster Bank staff
Ulster Bank exit is 'not good news for Ireland', says Taoiseach
# The Banks
# The Banks

Ulster Bank exit is 'not good news for Ireland', says Taoiseach

Feb 19th 2021, 4:11 PM 18,992 Views 45 Comments

The Government’s priority is to protect the 2,800 workers affected by the decision, Micheál Martin said.

'No need to panic': How will the Ulster Bank wind down affect customers?
# Banking
# Banking

'No need to panic': How will the Ulster Bank wind down affect customers?

Feb 19th 2021, 10:49 AM 21,606 Views 15 Comments

The bank will be wound down gradually over the next few years.

Ulster says go: Bank's decision to exit was in the wind — but why is it happening now?
# Ulster Bank
# Ulster Bank

Ulster says go: Bank's decision to exit was in the wind — but why is it happening now?

Feb 19th 2021, 8:50 AM 34,485 Views 31 Comments

Ulster Bank’s long goodbye creates major headaches for policymakers.

# ulster-bank - Thursday 18 February, 2021

Government to explore creating a 'third force' in Irish banking if Ulster Bank exits Irish market, says Varadkar
# The Banks
# The Banks

Government to explore creating a 'third force' in Irish banking if Ulster Bank exits Irish market, says Varadkar

Updated Feb 18th 2021, 12:53 PM 75,768 Views 89 Comments

A formal announcement is expected on Ulster Bank’s operations in the Republic of Ireland tomorrow.

# ulster-bank - Thursday 4 February, 2021

Union says meeting with Ulster Bank chief 'provided no reassurance for staff or for customers'
# Ulster Bank
# Ulster Bank

Union says meeting with Ulster Bank chief 'provided no reassurance for staff or for customers'

Feb 4th 2021, 9:59 PM 29,988 Views 30 Comments

The threat of the bank closing “is growing”, the Financial Services Union said.

# ulster-bank - Wednesday 21 October, 2020

Ulster Bank tells Donohoe 'no decision' yet taken on its future amid reports it could be wound down
# The Banks
# The Banks

Ulster Bank tells Donohoe 'no decision' yet taken on its future amid reports it could be wound down

Updated Oct 21st 2020, 1:24 PM 65,119 Views 35 Comments

The Minister for Finance met with representatives from Ulster Bank today.

# ulster-bank - Friday 18 September, 2020

Union concerned at reports of threat to jobs at Ulster Bank
# Banking
# Banking

Union concerned at reports of threat to jobs at Ulster Bank

Sep 18th 2020, 8:40 AM 21,525 Views 19 Comments

The Financial Services Union has responded to reports that UK parent company NatWest is considering closing Ulster Bank in the Republic.

# ulster-bank - Thursday 10 September, 2020

Ulster Bank plans to cut 266 jobs to reduce costs
# The Banks
# The Banks

Ulster Bank plans to cut 266 jobs to reduce costs

Sep 10th 2020, 1:34 PM 24,043 Views 10 Comments

The bank suffered a loss of €276 million in the first six months of the year.

# ulster-bank - Sunday 9 August, 2020

'There are people working in their bedrooms keeping the banking system going and this is their reward'
# The Banks
# The Banks

'There are people working in their bedrooms keeping the banking system going and this is their reward'

Aug 9th 2020, 12:05 AM 109,563 Views 33 Comments

Bank of Ireland redundancies ‘surprised’ the general secretary of the Financial Services Union.

# ulster-bank - Thursday 9 July, 2020

Explainer: Why Irish banks are being accused of 'profiteering from the pandemic'
# The Banks
# The Banks

Explainer: Why Irish banks are being accused of 'profiteering from the pandemic'

Jul 9th 2020, 2:26 PM 20,839 Views 46 Comments

Developments in recent days have undermined the banks’ positions.

# ulster-bank - Tuesday 10 March, 2020

Three month mortgage and loan deferrals among Ulster Bank coronavirus customer support measures
# Money Problems
# Money Problems

Three month mortgage and loan deferrals among Ulster Bank coronavirus customer support measures

Mar 10th 2020, 5:54 PM 35,931 Views 31 Comments

Italy announced plans to suspend mortgage payments across the country earlier today.

# ulster-bank - Monday 24 February, 2020

AIB joins rival bank in cutting three and five year fixed mortgage rates
# Banking
# Banking

AIB joins rival bank in cutting three and five year fixed mortgage rates

Feb 24th 2020, 8:40 AM 36,844 Views 38 Comments

Last week, KBC dropped its fixed mortgage rates from 2.85% to 2.55%.

# ulster-bank - Friday 29 November, 2019

Ulster Bank says an issue with its online and mobile banking services has now been resolved
# It Issue
# It Issue

Ulster Bank says an issue with its online and mobile banking services has now been resolved

Updated Nov 29th 2019, 6:33 PM 9,274 Views 13 Comments

The problem did not affect ATM, debit/credit cards or in-person purchases.

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