PTSB to invest €25 million in former Ulster Bank branches

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 77%

Ireland Headlines News

Ireland Latest News,Ireland Headlines

PTSB to invest €25 million in former Ulster Bank branches via IrishTimesBiz

“This significant investment in local communities shows our commitment to personal and business customers, ensuring that we can meet their banking needs in the way that suits them best – in branch, online or by phone through our contact centre.”

PTSB announced last week that the has “materially completed” its acquisition of Ulster Bank’s residential mortgage business, which will see the domestic bank’s loan book grow by close to 50 per cent. The deal will see some 56,000 Ulster Bank mortgage customers move to PTSB with loans valued at €5.2 billon “being migrated” this week, the bank said in a statement at the time. The remaining loans are expected to be moved over to PTSB in the second quarter of 2023.

On Monday, the bank once again urged customers to move their current accounts to PTSB from Ulster Bank before the exiting bank begins to close its branches in January. “For Ulster Bank customers of these branches we are offering an easy transition to a new bank, with the same people and in the same building as they have been doing their banking business up to now,” Mr Farrell said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in İE

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Kilcoo work past Ballybay to set up Ulster semi-final date with EniskillenTwo second-half goals from All-Ireland champions rubber stamp convincing win
Source: IrishTimes - 🏆 3. / 98 Read more »

The All-Ireland champions are on the march again as Kilcoo charge into Ulster semi-finalsTen points separated the teams in Clones.
Source: The42_ie - 🏆 5. / 86 Read more »

Bank of Ireland launches new system to catch out 'sophisticated' scamsBank of Ireland has renewed warnings of phone scams, launching a new system that allows customers to verify texts. I changed number lol it worked Is one of those scams having a BOI account?
Source: NewstalkFM - 🏆 19. / 55 Read more »

Sportsfile - Ireland v Fiji - Bank of Ireland Nations Series Photos | page 1
Source: sportsfile - 🏆 14. / 63 Read more »

Sportsfile - Ireland v Fiji - Bank of Ireland Nations Series Photos | page 1
Source: sportsfile - 🏆 14. / 63 Read more »

Bank of Ireland confirms Myles O’Grady appointment as CEOAppointment comes months after former CFO left the bank for wholesaler Musgrave He doesn’t look very happy about it.
Source: IrishTimes - 🏆 3. / 98 Read more »