Ulster Bank to cut 800 jobs as Irish exit continues Ulster Bank has announced a new redundancy programme which will leave up to 800 employees at risk of losing their jobs, as part of the bank's overall withdrawal process from the Irish market. Business • 24 May 23
Ulster Bank to cut 800 jobs as Irish exit continues Ulster Bank has announced a new redundancy programme which will leave up to 800 employees at risk of losing their jobs, as part of the bank's overall withdrawal process from the Irish market. Business • 24 May 23
Britain lowers stake in NatWest again to 38.6% British state-backed bank NatWest has agreed to buy £1.3 billion worth of its shares back from the government, as it edges closer towards private ownership 15 years after it was bailed out in the global financial crisis. Business • 22 May 23
Britain lowers stake in NatWest again to 38.6% British state-backed bank NatWest has agreed to buy £1.3 billion worth of its shares back from the government, as it edges closer towards private ownership 15 years after it was bailed out in the global financial crisis. Business • 22 May 23
Over 1 million Ulster Bank and KBC Bank accounts closed New figures from the Central Bank show that the total number of accounts closed at Ulster Bank and KBC Bank Ireland since the beginning of 2022 has reached 1,090,781. Business • 19 May 23
Over 1 million Ulster Bank and KBC Bank accounts closed New figures from the Central Bank show that the total number of accounts closed at Ulster Bank and KBC Bank Ireland since the beginning of 2022 has reached 1,090,781. Business • 19 May 23
Permanent TSB completes deal for Ulster Bank mortgages Permanent TSB has completed a deal to buy the performing non-tracker residential mortgage portfolio of Ulster Bank here after the transfer of about 8,000 mortgage loan accounts to the bank. Business • 15 May 23
Permanent TSB completes deal for Ulster Bank mortgages Permanent TSB has completed a deal to buy the performing non-tracker residential mortgage portfolio of Ulster Bank here after the transfer of about 8,000 mortgage loan accounts to the bank. Business • 15 May 23
Permanent TSB's new mortgage lending jumps by 69% Permanent TSB has today reported a strong business and financial performance in the first quarter of the year on the back of higher new lending volumes and transactional banking income. Business • 02 May 23
Permanent TSB's new mortgage lending jumps by 69% Permanent TSB has today reported a strong business and financial performance in the first quarter of the year on the back of higher new lending volumes and transactional banking income. Business • 02 May 23
NatWest deposit outflows tarnish jump in Q1 profits The UK's NatWest has today reported a £20 billion fall in deposits in the first quarter amid a fiercely competitive environment and a cautious outlook pointing to the challenges ahead, taking the shine off forecast-beating profit. Business • 28 Apr 23
NatWest deposit outflows tarnish jump in Q1 profits The UK's NatWest has today reported a £20 billion fall in deposits in the first quarter amid a fiercely competitive environment and a cautious outlook pointing to the challenges ahead, taking the shine off forecast-beating profit. Business • 28 Apr 23
Ulster Bank branch closures 'poignant' moment for staff On the quays in Waterford, a passing PJ McIntyre stops to look at the Ulster Bank branch, hours before it closes its doors for good. Analysis and Comment • 21 Apr 23
Ulster Bank branch closures 'poignant' moment for staff On the quays in Waterford, a passing PJ McIntyre stops to look at the Ulster Bank branch, hours before it closes its doors for good. Analysis and Comment • 21 Apr 23
Remaining 63 Ulster Bank branches close permanently Ulster Bank's remaining branches around the country have closed their doors to the public permanently. Business • 21 Apr 23
Remaining 63 Ulster Bank branches close permanently Ulster Bank's remaining branches around the country have closed their doors to the public permanently. Business • 21 Apr 23
Ulster Bank starts process to sell off remaining loans Ulster Bank has begun the process of disposing of its remaining portfolio of loans, made up in the main of non-performing exposures. Business • 17 Apr 23
Ulster Bank starts process to sell off remaining loans Ulster Bank has begun the process of disposing of its remaining portfolio of loans, made up in the main of non-performing exposures. Business • 17 Apr 23
85% of Ulster Bank and KBC Bank Ireland accounts closed New figures from the Central Bank show that a total of 86,298 current and deposit accounts were closed in Ulster Bank and KBC Bank in four weeks to the end of March. Business • 14 Apr 23
85% of Ulster Bank and KBC Bank Ireland accounts closed New figures from the Central Bank show that a total of 86,298 current and deposit accounts were closed in Ulster Bank and KBC Bank in four weeks to the end of March. Business • 14 Apr 23
Ulster Bank in-branch transactions cease today From today Ulster Bank customers are no longer able to carry out in-branch transactions, other than those related to account closures. Business • 31 Mar 23
Ulster Bank in-branch transactions cease today From today Ulster Bank customers are no longer able to carry out in-branch transactions, other than those related to account closures. Business • 31 Mar 23
Ulster Bank credit cards to cease working from today Ulster Bank will begin deactivating remaining customer credit cards from today, as part of the process of winding down its operations here. Business • 22 Mar 23
Ulster Bank credit cards to cease working from today Ulster Bank will begin deactivating remaining customer credit cards from today, as part of the process of winding down its operations here. Business • 22 Mar 23
Bank account closures accelerated in February Steps taken by Ulster Bank and KBC Bank Ireland to proactively close customer accounts as part of their exits from the market led to an acceleration in account closures during February, new Central Bank data shows. Business • 16 Mar 23
Bank account closures accelerated in February Steps taken by Ulster Bank and KBC Bank Ireland to proactively close customer accounts as part of their exits from the market led to an acceleration in account closures during February, new Central Bank data shows. Business • 16 Mar 23
Ulster Bank credit cards to cease working on March 22 Ulster Bank is urging its credit card customers to act now if they have not yet begun the process of moving their credit card account to a new provider. Business • 01 Mar 23
Ulster Bank credit cards to cease working on March 22 Ulster Bank is urging its credit card customers to act now if they have not yet begun the process of moving their credit card account to a new provider. Business • 01 Mar 23
Permanent TSB's profits jump after Ulster Bank deal Permanent TSB has today posted a jump in annual profit reflecting what it has called its "once-in-a-generation" purchase of loans from rival Ulster Bank. Business • 01 Mar 23
Permanent TSB's profits jump after Ulster Bank deal Permanent TSB has today posted a jump in annual profit reflecting what it has called its "once-in-a-generation" purchase of loans from rival Ulster Bank. Business • 01 Mar 23
Ulster Bank hikes fixed mortgage interest rates Ulster Bank has increased its fixed mortgage interest rates from today. Business • 24 Feb 23
Ulster Bank hikes fixed mortgage interest rates Ulster Bank has increased its fixed mortgage interest rates from today. Business • 24 Feb 23
40% rise in number of new accounts opened in January New figures from the Central Bank show that the number of account closures at Ulster Bank and KBC Bank Ireland rose in January from December as the two lenders continue their withdrawal from the Irish market. Business • 17 Feb 23
40% rise in number of new accounts opened in January New figures from the Central Bank show that the number of account closures at Ulster Bank and KBC Bank Ireland rose in January from December as the two lenders continue their withdrawal from the Irish market. Business • 17 Feb 23
Ulster Bank sold trackers subject to probe to funds Ulster Bank has confirmed that over 200 mortgages classed as non-performing, but which were subject to the tracker mortgage examination, have been sold on to investment funds and debt servicing agents. Business • 14 Feb 23
Ulster Bank sold trackers subject to probe to funds Ulster Bank has confirmed that over 200 mortgages classed as non-performing, but which were subject to the tracker mortgage examination, have been sold on to investment funds and debt servicing agents. Business • 14 Feb 23
PTSB completes deal for Ulster Bank's SME loan book Permanent TSB said today it has completed a deal to buy Ulster Bank's "Business Direct" loan book after the transfer of about 3,200 loan accounts to the bank. Business • 13 Feb 23
PTSB completes deal for Ulster Bank's SME loan book Permanent TSB said today it has completed a deal to buy Ulster Bank's "Business Direct" loan book after the transfer of about 3,200 loan accounts to the bank. Business • 13 Feb 23
Ulster Bank freezes 126,000 accounts ahead of exit 126,000 Ulster Bank accounts have been frozen since the departing lender began the process of winding down customers' use of its services in November. Business • 01 Feb 23
Ulster Bank freezes 126,000 accounts ahead of exit 126,000 Ulster Bank accounts have been frozen since the departing lender began the process of winding down customers' use of its services in November. Business • 01 Feb 23
Permanent TSB opens in former Ulster Bank branches 24 former Ulster Bank branches have been reopened as Permanent TSB banks today. Business • 01 Feb 23
Permanent TSB opens in former Ulster Bank branches 24 former Ulster Bank branches have been reopened as Permanent TSB banks today. Business • 01 Feb 23
923,632 new bank accounts opened last year New figures from the Central Bank show that a total of 361,790 current accounts remained open in Ulster Bank and KBC Bank Ireland at the end of December, as the two banks continue the withdrawal process from the country. Business • 24 Jan 23
923,632 new bank accounts opened last year New figures from the Central Bank show that a total of 361,790 current accounts remained open in Ulster Bank and KBC Bank Ireland at the end of December, as the two banks continue the withdrawal process from the country. Business • 24 Jan 23
Ulster Bank branches to cease transactions on 31 March Ulster Bank has said its remaining 63 branches will cease carrying out transactions for customers on 31 March. Business • 24 Jan 23
Ulster Bank branches to cease transactions on 31 March Ulster Bank has said its remaining 63 branches will cease carrying out transactions for customers on 31 March. Business • 24 Jan 23
1 in 8 remaining Ulster and KBC customers still to act Around one in eight remaining current account customers of Ulster Bank and KBC Bank Ireland have yet to open an account with another provider ahead of the impending departure of the two banks from the market here. Business • 20 Jan 23
1 in 8 remaining Ulster and KBC customers still to act Around one in eight remaining current account customers of Ulster Bank and KBC Bank Ireland have yet to open an account with another provider ahead of the impending departure of the two banks from the market here. Business • 20 Jan 23
Oireachtas committee wants bankers' pay cap to remain Restrictions on banking remuneration should remain in place, including the €500,000 cap on an employee's annual pay, an Oireachtas committee has recommended. Business • 18 Jan 23
Oireachtas committee wants bankers' pay cap to remain Restrictions on banking remuneration should remain in place, including the €500,000 cap on an employee's annual pay, an Oireachtas committee has recommended. Business • 18 Jan 23
