AIB in talks with Ulster Bank over €4 billion loan book AIB has confirmed that it has entered into a non-binding "Memorandum of Understanding" with NatWest to buy a €4 billion Ulster Bank portfolio of performing corporate and commercial loans. Business • 19 Feb 21
AIB in talks with Ulster Bank over €4 billion loan book AIB has confirmed that it has entered into a non-binding "Memorandum of Understanding" with NatWest to buy a €4 billion Ulster Bank portfolio of performing corporate and commercial loans. Business • 19 Feb 21
'Sad day' for Ulster Bank staff and Irish bank industry Minister for Finance Paschal Donohoe has said today is a difficult day from an Irish banking perspective and also for the Ulster Bank staff who are receiving news of the bank's exit from the Irish market over the coming years. Business • 19 Feb 21
'Sad day' for Ulster Bank staff and Irish bank industry Minister for Finance Paschal Donohoe has said today is a difficult day from an Irish banking perspective and also for the Ulster Bank staff who are receiving news of the bank's exit from the Irish market over the coming years. Business • 19 Feb 21
AIB in talks to acquire €4bn of Ulster Bank loans AIB is looking to acquire €4 billion worth of Ulster Bank's performing corporate and commercial loans following NatWest's decision to withdraw from the Republic of Ireland. Business • 19 Feb 21
AIB in talks to acquire €4bn of Ulster Bank loans AIB is looking to acquire €4 billion worth of Ulster Bank's performing corporate and commercial loans following NatWest's decision to withdraw from the Republic of Ireland. Business • 19 Feb 21
What the Ulster Bank wind down means for consumers The confirmation from NatWest that it is to pull Ulster Bank out of the Republic of Ireland brings to an end 160 years of banking tradition - but what does that mean for consumers? Ireland • 19 Feb 21
What the Ulster Bank wind down means for consumers The confirmation from NatWest that it is to pull Ulster Bank out of the Republic of Ireland brings to an end 160 years of banking tradition - but what does that mean for consumers? Ireland • 19 Feb 21
NatWest tumbles to loss of £351m for 2020 NatWest has reported a full-year loss for 2020 after Covid-19 lockdowns crunched household spending and said it will wind down its under-performing Irish arm Ulster Bank. Business • 19 Feb 21
NatWest tumbles to loss of £351m for 2020 NatWest has reported a full-year loss for 2020 after Covid-19 lockdowns crunched household spending and said it will wind down its under-performing Irish arm Ulster Bank. Business • 19 Feb 21
Ulster Bank confirms exit from Irish market Ulster Bank has announced a phased withdrawal from the Republic of Ireland over the coming years that will be managed in an "orderly and considered manner". Business • 19 Feb 21
Ulster Bank confirms exit from Irish market Ulster Bank has announced a phased withdrawal from the Republic of Ireland over the coming years that will be managed in an "orderly and considered manner". Business • 19 Feb 21
AIB and PTSB eye Ulster Bank loans ahead of decision AIB and Permanent TSB are both understood to be preparing to publicly declare an interest in portions of Ulster Bank's loan book, if NatWest gives the go-ahead for the wind down of the lender. Business • 19 Feb 21
AIB and PTSB eye Ulster Bank loans ahead of decision AIB and Permanent TSB are both understood to be preparing to publicly declare an interest in portions of Ulster Bank's loan book, if NatWest gives the go-ahead for the wind down of the lender. Business • 19 Feb 21
NatWest declines to comment on future of Ulster Bank British banking group NatWest has declined to comment on reports tonight that its board will make a decision on Thursday evening on a proposal to wind down Ulster Bank's operations in the Republic of Ireland. Business • 18 Feb 21
NatWest declines to comment on future of Ulster Bank British banking group NatWest has declined to comment on reports tonight that its board will make a decision on Thursday evening on a proposal to wind down Ulster Bank's operations in the Republic of Ireland. Business • 18 Feb 21
Bank declines meeting, committee threatens legislation The Oireachtas Joint Committee on Finance, Public Expenditure and Reform has said it may have to recommend the introduction of legislation to stop the sale of Ulster Bank's loans to foreign buyers. Business • 16 Feb 21
Bank declines meeting, committee threatens legislation The Oireachtas Joint Committee on Finance, Public Expenditure and Reform has said it may have to recommend the introduction of legislation to stop the sale of Ulster Bank's loans to foreign buyers. Business • 16 Feb 21
Ulster Bank Irish exit would impact economy - McGrath The Minister for Public Expenditure and Reform has said any decision to diminish Ulster Bank's presence in the Irish market or to withdraw completely would have a very significant impact on staff and the economy. Business • 15 Feb 21
Ulster Bank Irish exit would impact economy - McGrath The Minister for Public Expenditure and Reform has said any decision to diminish Ulster Bank's presence in the Irish market or to withdraw completely would have a very significant impact on staff and the economy. Business • 15 Feb 21
Decision time on Ulster Bank's future draws near This week could be a big one for Ulster Bank's 2,800 employees in the Republic of Ireland, its 1.1m customers, the Irish banking market and the economy in general. Business • 13 Feb 21
Decision time on Ulster Bank's future draws near This week could be a big one for Ulster Bank's 2,800 employees in the Republic of Ireland, its 1.1m customers, the Irish banking market and the economy in general. Business • 13 Feb 21
Donohoe warns of consequences of Ulster Bank withdrawal The Minister for Finance has said a sudden withdrawal by Ulster Bank from the Irish market would be "very serious" for the economy, employment and credit. Business • 09 Feb 21
Donohoe warns of consequences of Ulster Bank withdrawal The Minister for Finance has said a sudden withdrawal by Ulster Bank from the Irish market would be "very serious" for the economy, employment and credit. Business • 09 Feb 21
Steep fall in construction activity as sites are closed There was a sharp reduction in construction activity in January as the industry was largely shuttered under the latest government restrictions introduced to curb the spread of Covid-19. Business • 08 Feb 21
Steep fall in construction activity as sites are closed There was a sharp reduction in construction activity in January as the industry was largely shuttered under the latest government restrictions introduced to curb the spread of Covid-19. Business • 08 Feb 21
Uncertainty growing on Ulster Bank's future here - FSU The Financial Services Union has said uncertainty is growing over the future of Ulster Bank's operations in the Republic, following a meeting today between union officials and the chief executive of the bank, Jane Howard. Business • 04 Feb 21
Uncertainty growing on Ulster Bank's future here - FSU The Financial Services Union has said uncertainty is growing over the future of Ulster Bank's operations in the Republic, following a meeting today between union officials and the chief executive of the bank, Jane Howard. Business • 04 Feb 21
Ulster Bank staff 'furious' at lack of communication Ulster Bank staff who attended an online meeting with the Financial Services Union this afternoon, have expressed their "fury and dismay" at the lack of communication between the bank and its employees over its future, according to the FSU. Business • 03 Feb 21
Ulster Bank staff 'furious' at lack of communication Ulster Bank staff who attended an online meeting with the Financial Services Union this afternoon, have expressed their "fury and dismay" at the lack of communication between the bank and its employees over its future, according to the FSU. Business • 03 Feb 21
PTSB looks at possible Ulster Bank loan bid - report Permanent TSB has retained investment bank Morgan Stanley to advise on a potential bid for Ulster Bank's Irish small-to medium-sized business loan portfolio if its larger rival decides to exit the market, according to a report in The Irish Times. Business • 29 Jan 21
PTSB looks at possible Ulster Bank loan bid - report Permanent TSB has retained investment bank Morgan Stanley to advise on a potential bid for Ulster Bank's Irish small-to medium-sized business loan portfolio if its larger rival decides to exit the market, according to a report in The Irish Times. Business • 29 Jan 21
FSU raises Ulster Bank's future at ministerial meeting The Financial Services Union raised the ongoing strategic review of Ulster Bank here with the Minister of State at the Department of Finance during a meeting today. Business • 12 Jan 21
FSU raises Ulster Bank's future at ministerial meeting The Financial Services Union raised the ongoing strategic review of Ulster Bank here with the Minister of State at the Department of Finance during a meeting today. Business • 12 Jan 21
Ulster Bank exiting Irish market could hit SMEs: Sibley An exit by Ulster Bank from Ireland could lead to a concerning reduction in competition in the SME lending market, the deputy governor of the Central Bank has said. Business • 16 Dec 20
Ulster Bank exiting Irish market could hit SMEs: Sibley An exit by Ulster Bank from Ireland could lead to a concerning reduction in competition in the SME lending market, the deputy governor of the Central Bank has said. Business • 16 Dec 20
NatWest under fire from union at Oireachtas committee The Financial Services Union has accused the NatWest Group of using Covid-19 as cover to manufacture a crisis around the future of its Ulster Bank subsidiary here. Business • 08 Dec 20
NatWest under fire from union at Oireachtas committee The Financial Services Union has accused the NatWest Group of using Covid-19 as cover to manufacture a crisis around the future of its Ulster Bank subsidiary here. Business • 08 Dec 20
Exit of bank may lead to higher rates - Central Bank The exit of a retail bank from the market in Ireland could contribute to upward pressure on lending interest rates and potentially lead to weaker credit availability, the Central Bank has said. Business • 08 Dec 20
Exit of bank may lead to higher rates - Central Bank The exit of a retail bank from the market in Ireland could contribute to upward pressure on lending interest rates and potentially lead to weaker credit availability, the Central Bank has said. Business • 08 Dec 20
Ulster Bank's new digital platform for business clients Ulster Bank is introducing new digital platforms for its business customers, as it continues to develop its digital capabilities. Business • 07 Dec 20
Ulster Bank's new digital platform for business clients Ulster Bank is introducing new digital platforms for its business customers, as it continues to develop its digital capabilities. Business • 07 Dec 20
FSU urges Donohoe to raise Ulster Bank issue with Sunak The Financial Services Union said the time has come for Finance Minister Paschal Donohoe to raise concerns about the potential sale of the Ulster Bank loan book with UK chancellor Rishi Sunak. Business • 04 Dec 20
FSU urges Donohoe to raise Ulster Bank issue with Sunak The Financial Services Union said the time has come for Finance Minister Paschal Donohoe to raise concerns about the potential sale of the Ulster Bank loan book with UK chancellor Rishi Sunak. Business • 04 Dec 20
Ulster Bank cuts its fixed mortgage rates Ulster Bank has announced more mortgage rate cuts across every term length and said it was reducing the minimum loan amount for its five year fixed rate of 2.2% from €300,000 to €250,000. Business • 24 Nov 20
Ulster Bank cuts its fixed mortgage rates Ulster Bank has announced more mortgage rate cuts across every term length and said it was reducing the minimum loan amount for its five year fixed rate of 2.2% from €300,000 to €250,000. Business • 24 Nov 20
Ulster Bank chairman resigns unexpectedly The chairman of Ulster Bank's Republic of Ireland business has unexpectedly tendered his resignation, less than two months after taking up the position. Business • 13 Nov 20
Ulster Bank chairman resigns unexpectedly The chairman of Ulster Bank's Republic of Ireland business has unexpectedly tendered his resignation, less than two months after taking up the position. Business • 13 Nov 20
Ulster Bank urges online shoppers to be 'scam savvy' Ulster Bank is urging online shoppers to be on the lookout for more than just bargains this Black Friday and Cyber Monday, with criminals increasingly targeting unsuspecting shoppers on some of the busiest e-commerce days of the year. Business • 10 Nov 20
Ulster Bank urges online shoppers to be 'scam savvy' Ulster Bank is urging online shoppers to be on the lookout for more than just bargains this Black Friday and Cyber Monday, with criminals increasingly targeting unsuspecting shoppers on some of the busiest e-commerce days of the year. Business • 10 Nov 20
