Is Ulster Bank closing down?

Is Ulster Bank closing down?

In February 2021 Ulster Bank announced a phased withdrawal of all its banking activity and financial services within the Republic of Ireland. This means that, after trading since 1836, Ulster Bank will eventually close its doors to all Irish customers over the next few years.

Why is Ulster Bank closing?

Business Newsletter Ulster Bank began closing to new business in July as part of its phased withdrawal, taking some products and services off the market in preparation for shutting its doors next year.

What bank is taking over Ulster Bank?

UK banking giant the NatWest Group, the owner of Ulster Bank, has signed a binding agreement for PTSB to acquire about €6.8 billion of mortgages and business loans from Ulster Bank. As part of the deal, the NatWest Group will take a 16.7 per cent stake in the Irish State-controlled lender, according to The Irish Times.

Is Ulster Bank owned by HSBC?

However, the Ulster Bank brand is used on the island of Ireland….Ulster Bank.

Northeast view of Georges Quay Building
Owner UK Government Investments (62.4%)
Number of employees 3,250 (2013)
Parent NatWest Holdings
Website (ROI) (NI)

Is my money safe in Ulster Bank?

All eligible deposits held with Ulster Bank Ireland DAC continue to be protected up to a total of €100,000 across all deposits and current accounts held with us.

What date is Ulster Bank leaving Ireland?

On the 19th of February 2021 Ulster Bank announced a phased withdrawal of all our banking activity and associated services within the Republic of Ireland.

How do I contact Ulster Bank?

Additional Queries

  1. Register for Anytime Banking. UK: 0345 900 3200 (24 hours, 7 days a week)
  2. Register for Telephone Banking (General Queries)
  3. Mobile Banking.
  4. Apply for a new account.
  5. Managing Debt / Arrears.
  6. UfirstGold & Ufirst Private Membership Services.
  7. Textphone / Minicom numbers.

Is TSB taking over Ulster Bank?

Permanent TSB has formally agreed to acquire €7.6 billion worth of assets from Ulster Bank Ireland. The bank said it has entered into legally binding agreements with Ulster Bank and its owner NatWest Group to buy Ulster Bank’s Retail, SME and Asset Finance business.

Where is Ulster Bank head office?

Dublin, IrelandUlster Bank / Headquarters

Who owns Ulster Bank?

NatWest GroupUlster Bank / Parent organization

What will happen to my Ulster Bank current account?

Jane Howard said that the financial institution will begin sending formal letters of notice of six months to customers towards the end of the first quarter of 2022. The letters will instruct customers to choose a new bank; move to that bank; and close their Ulster Bank accounts.

How do I change my address with Ulster Bank?

Log in to your Anytime Internet Banking service at (opens in a new window) Select ‘Your Details’ from the left hand menu. Choose from one of the on-screen options.

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