Ulster Bank announces changes for Longford customers under phased withdrawal longfordleader.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from longfordleader.ie Daily Mail and Mail on Sunday newspapers.
Kilkenny People
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PHOTO: www.permanenttsb.ie
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A memorandum of understanding has been agreed between Permanent TSB and Ulster Bank with regard to assets and loans of the latter.
Ulster Bank announced the news as it confirmed more details on its phased withdrawal process from the Irish market.
Both banks have agreed a non-binding MOU for the proposed sale of a perimeter comprising performing non-tracker mortgages; performing loans in Ulster Bank s micro-SME business; Ulster Bank’s Lombard Asset Finance business, including the Lombard digital platform and a subset of Ulster Bank branch locations.
Permanent TSB agrees to acquire €7 6bn of Ulster Bank loans and mortgages longfordleader.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from longfordleader.ie Daily Mail and Mail on Sunday newspapers.