Ulster Bank’s Owner considers Winding Down Irish Operations

Ulster Bank’s owner NatWest is reportedly considering winding down the lender’s operations in the Republic of Ireland.

Widespread reports state that the move is being considered as part of a review of the bank which is putting the future of 2,500 workers, and 88 branches at risk.

Two of those branches are in Ennis and in Shannon.

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Any wind-down of the bank’s operations, if one were to occur, would likely take a number of years.