Ulster Bank will begin closing its first wave of branches later today as part of its exit from the Irish market. However, as part of a deal between the two lenders that will see them taken over, the 12 outlets will reopen later this month or early next month, rebranded and refitted as Permanent TSB … Read more
The fixed mortgage interest rate from Ulster Bank has increased by 0.75%. The new rates are in effect as of right now, but only for a select group of existing customers. Mortgages have not been offered for sale to new customers since June or to existing customers since August as a result of the bank’s … Read more
Permanent TSB has signed an agreement to acquire €7.6 billion of assets from Ulster Bank. According to a report by The Journal, the assets include €7 billion of Ulster Bank’s performing non-tracker mortgage book, its performing Micro-SME/Business Direct, the Lombard Asset Finance loan business of Ulster Bank and 25 branch locations in Ulster Bank’s network. … Read more