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Ulster Bank said its letters to customers are being sent on a phased and rolling basis in order to try to ensure that the process is orderly.

Ulster Bank customers get 6 months notice on accounts

Ulster Bank has begun the process of writing to its 900,000 current and deposit account customers to give them six months' notice to move their accounts to another institution where required or close them.

Business • 13 Apr 22

From June 1, KBC is to start writing in a phased manner to its 130,000 current account customers to tell them that they need to shut their accounts ahead of its withdrawal from Ireland

KBC Bank Ireland's exit plan 'irresponsible' - FSU

The Financial Services Union (FSU) has described KBC Bank Ireland's announcement that it will begin informing customers from June that they need close their current accounts within 90 days as irresponsible.

Business • 13 Apr 22

From 1 July, the bank said it will close counters in all branches from 1pm

Ulster Bank to cut branch services ahead of departure

Ulster Bank is to close counters in all of its branches at 1pm from the start of July, as it prepares for its withdrawal from the Irish market.

Business • 28 Mar 22

Last month, Revolut started offering personal loans

Revolut launches deposit accounts in Ireland

The online financial platform Revolut is launching deposit accounts in Ireland.

Business • 24 Mar 22

Ulster Bank is exiting the Irish banking market this year

How switching bank may not be as simple as you think

Mary* has been a customer with Ulster Bank for 30 years.

Business • 18 Mar 22

The Central Bank has published its Consumer Protection Outlook Report today

Banks 'not yet where they need to be' ahead of exits

The Central Bank's Director of Consumer Protection has said he thinks banks here "are not yet where they need to be" in preparing for Ulster Bank and KBC's exit from the Irish market.

Business • 14 Mar 22

Permanent TSB's interim CFO Declan Norgrove and CEO Eamonn Crowley

Permanent TSB's pre-tax loss for 2021 narrows

Permanent TSB has reported an underlying profit before tax of €17m for 2021, up from an underlying loss before tax of €109m the previous year, after what it called a "transformational year" for the bank.

Business • 02 Mar 22

Ulster Bank said recently it would begin contacting customers shortly to tell them to begin the process of moving accounts

Union sounds warning over Ulster Bank and KBC exits

KBC and Ulster Bank should not be allowed to announce their formal exit from Ireland until they have satisfied the Central Bank that they have met regulatory requirements around the issues.

Business • 24 Feb 22

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

The FSU is looking for workers to receive what it described as an "inflation proofed" pay increase this year

FSU to ballot Ulster Bank union members on pay deal

The Financial Services Union (FSU) is to conduct a ballot of union members in Ulster Bank on a pay deal negotiated between the union and Ulster Bank.

Business • 03 Feb 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

Around 3,000 corporate customers will be impacted by the move

AIB to raise negative rates for some business customers

AIB has begun writing to business customers with balances in excess of €1m to inform them that it intends to increase the negative rate they will be charged on their deposits to -0.75%.

Business • 17 Jan 22

AIB announced a proposed deal to buy about €4.2 billion of performing corporate and commercial loans from Ulster Bank in June

CCPC to fully investigate AIB-Ulster Bank loan deal

The Competition and Consumer Protection Commission is to carry out a full "Phase 2" investigation into the proposed deal by AIB to buy a portfolio of performing commercial loans from Ulster Bank.

Business • 31 Dec 21

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

Last month, the FSU submitted a claim on behalf of members for a combined cost-of-living, productivity and performance increase of 6%

Pay talks between Ulster Bank, unions sent to mediator

Talks between Ulster Bank and unions representing staff at the lender on a pay rise have been sent to an independent mediator after agreement between the sides was not reached.

Business • 16 Dec 21

The bank said the scammers are putting through false, low value transactions on the cards

Ulster Bank warns of increased debit card fraud

Ulster Bank has said it is seeing increased levels of fraudulent activity on some of its customers' debit cards in recent days.

Business • 15 Dec 21

Ms Howard said there would be no bank wide voluntary redundancies before the end of June 2022

Ulster Bank branches won't close in first half of 2022

The chief executive of Ulster Bank has said the lender will not be closing any branches here during the first half of next year, as part of its withdrawal from the Republic of Ireland market.

Business • 08 Dec 21

It said the aim of the meeting was to outline its plans for communicating with customers about account closures

Ulster Bank outlines withdrawal plan to other providers

Ulster Bank has held a meeting with other financial service providers in Ireland, ahead of its withdrawal from the Irish market.

Business • 02 Dec 21

From bank charges, to online capabilities, there are a number of things you should consider before deciding what bank is best for you

Is it time for Ulster and KBC Bank customers to switch?

If you are a customer of Ulster Bank or KBC, you may want to start thinking about what bank you will switch to when they withdraw from the Irish market.

Business • 28 Nov 21

Ulster Bank said it will contact customers directly when they need to take action ahead of its withdrawal from the Irish market (Pic:RollingNews.ie)

Ulster Bank urges customers to get ready for changes

Ulster Bank is encouraging customers to get ready for changes coming next year as part of the bank's withdrawal from the Irish market, which was first announced in February.

Business • 29 Oct 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

Finance Ireland is Ireland's largest non-bank lender

Senior Ulster Bank executive to join Finance Ireland

Non-bank lender, Finance Ireland, has hired a senior executive from Ulster Bank to become its chief operating officer.

Business • 21 Oct 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