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Ulster Bank announced its phased withdrawal from the Irish market last February

Ulster Bank reports operating profit of €68m for 2021

Ulster Bank has reported an operating profit of €68m for 2021 as it said it continues to make progress on its phased withdrawal from the Irish market.

Business • 18 Feb 22

The bank today held an event for a group of advocates for customers who might need additional assistance

Ulster Bank to start contacting customers 'shortly'

Ulster Bank has said it will start writing to customers "shortly" to give them six months' notice to choose a new provider for their current and deposit accounts, move them and close them.

Business • 16 Feb 22

Mr Elliot will complete his six-year term as chairman in March of next year

PTSB chairman Robert Elliot to step down from board

Permanent TSB's chairman, Robert Elliot, is to step down from the board of the bank.

Business • 26 Jan 22

Eamonn Crowley, CEO of PTSB and June Butler CEO of SBCI at the launch of the bank's new €1 billion lending fund for SMEs

Permanent TSB launches new €1 billion SME lending fund

Permanent TSB has announced a new €1 billion SME lending fund for businesses nationwide as it expands its product offerings for SMEs.

Business • 24 Jan 22

The biggest shock in a year of surprises in banking was Ulster Bank's announcement that its to close in the Republic of Ireland

A seismic year in Irish banking and financial services

Seismic is really the only way to sum up the year just gone in the Irish banking and financial services sector.

2021 in Review • 27 Dec 21

As part of the deal, NatWest will also acquire 16.66% of Permanent TSB Group Holdings

Permanent TSB to buy €7.6 billion of Ulster Bank assets

Permanent TSB has formally agreed to acquire €7.6 billion worth of assets from Ulster Bank Ireland.

Business • 17 Dec 21

Irish banks are increasingly coming under competitive pressure from digital based services.

CCPC to further investigate banks' proposed payment app

The Competition and Consumer Protection Commission (CCPC) has decided to carry out further investigations into plans by four of the five main Irish retail banks to develop an app based payment system.

Business • 09 Dec 21

When it comes to big investments like retrofitting their home, the survey shows that consumers want to see more financial incentives introduced

Climate action: Consumers want financial incentives

Most consumers want to take action on climate change, but believe it will cost them financially to do so.

Business • 30 Nov 21

Declan Norgrove is a member of the bank's senior leadership team and is now head of Risk Governance and Strategy at Permanent TSB

Permanent TSB appoints Norgrove as interim CFO

Permanent TSB Group Holdings has appointed Declan Norgrove as its interim chief financial officer with immediate effect.

Business • 25 Nov 21

Leontia Fannin, Permanent TSB, Stephen Nolan, UN-convened Financial Centres for Sustainability, Eamonn Crowley CEO Permanent TSB, and Courtnee Kyle Permanent TSB

PTSB to introduce 'sustainable' finance products

Permanent TSB has launched a new sustainability strategy that includes commitments to introduce a range of sustainable finance products, reduce the bank's carbon emissions and maintain a nationwide branch presence in communities throughout Ireland.

Business • 24 Nov 21

The Central Bank has 'reasonable grounds' to suspect that a Permanent TSB manager took part in a suspected contravention of its Consumer Protection Code

Central Bank probes former PTSB executive over trackers

The Central Bank said today it has "reasonable grounds" to suspect that a person who was formerly part of the management of Permanent TSB participated in a suspected contravention of its Consumer Protection Code.

Business • 10 Nov 21

Permanent TSB said that 98% of loans being sold are categorised as non-performing

Permanent TSB sells non-performing loan portfolio

Permanent TSB has agreed to sell a portfolio of mainly non-performing loans worth about €390m to Morgan Stanley Principal Funding.

Business • 10 Nov 21

Permanent TSB customers can now use Google Pay

Google Pay is now available for Permanent TSB's personal and SME customers, the bank said today.

Business • 05 Nov 21

The Permanent TSB move is set to impact about 200 customers

PTSB to introduce negative interest rates

Permanent TSB has become the latest Irish bank to introduce negative interest rate on large deposits.

Business • 03 Nov 21

Permanent TSB's chief executive Eamonn Crowley

Permanent TSB's new lending up 50% in third quarter

Permanent TSB has reported a big increase in new lending, growth in its share of the mortgage market and a further reduction in non-performing loans for the third quarter of 2021.

Business • 28 Oct 21

The report says the future profitability and viability of Irish retail banks is critical to their ability to generate capital

Pay cap considerably disadvantages Irish banks - report

A new report on the future of the banking industry finds Ireland's retail banks are at a "considerable and growing disadvantage" compared to other lenders and companies because of restrictions on variable pay.

Business • 29 Sep 21

Permanent TSB's Mags Brennan and the Secretary General of Digital Business Ireland, Lorraine Higgins

Digital Business Ireland and PTSB renew partnership

Online, ecommerce and digital representative body Digital Business Ireland and Permanent TSB have announced a renewal of their partnership for the next year.

Business • 14 Sep 21

Jeff Harbourne, Head of Savings and Personal Banking at PTSB and Wayne O'Callaghan, Head of Partnerships at Worldpay

Permanent TSB partners with payments platform Worldpay

Permanent TSB is set to partner with FIS' Worldpay platform to give business banking customers access to new payment services.

Business • 26 Jul 21

Today's proposed deal could see between 400 and 500 Ulster Bank staff and 25 branches transfer to Permanent TSB

How will Ulster Bank's deal with PTSB affect customers?

An agreement has been reached between Permanent TSB, Ulster Bank and its parent company NatWest which could see the sale of parts of Ulster Bank's business in the Republic.

Business • 23 Jul 21

The Ulster Bank branch in Ballyjamesduff in Co Cavan is set to be bought by Permanent TSB

The 25 Ulster Bank branches to be bought by PTSB

Permanent TSB is set to buy 25 Ulster Bank branches as part of a potential deal between the two lenders.

Business • 23 Jul 21

PTSB said it has entered into a non-binding Memorandum of Understanding with Ulster Bank

Permanent TSB in potential deal for Ulster Bank loans

Shares in Permanent TSB soared over 16% today after it announced a potential deal worth about €7.6 billion to buy some elements of Ulster Bank's business here.

Business • 23 Jul 21

Patrick Farrell, from Permanent TSB and Brid O'Connell from Guaranteed Irish

Permanent TSB awarded Guaranteed Irish symbol

Permanent TSB has been awarded the Guaranteed Irish symbol for its contribution to local communities across the country and commitment to Irish provenance and local employment.

Business • 28 Jun 21

Brendan Norden, Mark Coan and Martina Baldwin of MoneySherpa

New start-up aims to help people switch mortgage

Former Group Commercial Director with Permanent TSB, Mark Coan, has launched a new money advice and brokerage business called moneysherpa.

Business • 23 Jun 21

Permanet TSB's customers will now to able to complete their entire mortgage application process online

Permanent TSB in deal with Irish fintech CreditLogic

Permanent TSB bank has agreed a deal with Irish fintech CreditLogic which will see the company provide a new digital application platform for mortgage applicants.

Business • 14 Jun 21

Permanent TSB is to begin the introduction of a range of new permanent hybrid working arrangements for half of its existing workforce

Permanent TSB to create 180 new jobs

Permanent TSB is to create 180 jobs to support its growth in a number of key areas, while it also said that new hubs will be set up in the commuter towns of Greystones, Maynooth, Dundalk and Douglas.

Business • 27 May 21

Permanent Tsb

Ulster Bank reports operating profit of €68m for 2021

Ulster Bank to start contacting customers 'shortly'

PTSB chairman Robert Elliot to step down from board

Permanent TSB launches new €1 billion SME lending fund

A seismic year in Irish banking and financial services

Permanent TSB to buy €7.6 billion of Ulster Bank assets

CCPC to further investigate banks' proposed payment app

Climate action: Consumers want financial incentives

Permanent TSB appoints Norgrove as interim CFO

PTSB to introduce 'sustainable' finance products

Central Bank probes former PTSB executive over trackers

Permanent TSB sells non-performing loan portfolio

Permanent TSB customers can now use Google Pay

PTSB to introduce negative interest rates

Permanent TSB's new lending up 50% in third quarter

Pay cap considerably disadvantages Irish banks - report

Digital Business Ireland and PTSB renew partnership

Permanent TSB partners with payments platform Worldpay

How will Ulster Bank's deal with PTSB affect customers?

The 25 Ulster Bank branches to be bought by PTSB

Permanent TSB in potential deal for Ulster Bank loans

Permanent TSB awarded Guaranteed Irish symbol

New start-up aims to help people switch mortgage

Permanent TSB in deal with Irish fintech CreditLogic

Permanent TSB to create 180 new jobs