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Ulster Bank announces changes for Kilkenny customers under phased withdrawal
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Ulster Bank announces changes for Longford customers under phased withdrawal
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Q&A: What does Ulster Bank s news mean for me?
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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.
NatWest to take up to 20% stake in PTSB under €7 6bn loan sale
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