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Waterford, Ireland / WLR Feb 19, 2021 7:57 AM Ulster Bank has announced it is to withdraw from the Republic of Ireland over the next few years, after more than 160 years in the market. The bank’s UK parent company NatWest confirmed the wind-down amid annual financial results on Friday morning, following reports the bank was set to exit the Irish market. Ulster Bank has 2,800 employees and a €20.5 billion loan book in the Republic. Ulster Bank Limited’s banking business in Northern Ireland is unaffected. The Irish Times reports that the exit of the third biggest lender in the State marks the biggest development in the banking market since the height of the financial crisis.

United kingdomNorthern irelandRepublic of irelandAlison rosePaschal donohoePearse dohertyLeo varadkarUlster bankRoyal bankUlster bank limitedIrish timesMinister donohoeWaterford deise radio news sport music hurling gaa covid 19ஒன்றுபட்டது கிஂக்டம்வடக்கு ஐயர்ல்யாஂட்குடியரசு ஆஃப் ஐயர்ல்யாஂட்