CONCERN EXPRESSED OVER FUTURE OF ULSTER BANK IN MONAGHAN

18 February 2021 No Comments by The Northern Standard

Michael Fisher

The Minister for Social Protection Heather Humphreys TD says she hopes Ulster Bank will clarify its position soon amidst reports that it is to withdraw from the Irish market. The bank is a subsidiary of the NatWest group in the UK, which is due to publish annual results tomorrow. It’s thought this announcement might include clarification of its intentions for the future of Ulster Bank, which would lead to the closure of its branch network in the Republic including the facility at Church Square in Monaghan town.

Minister Humphreys said the priority of Ulster Bank should be for its customers and staff. She pointed out that although the government has had engagement through the Finance Minister Pascal Donohoe with NatWest, it is not a shareholder in the bank and…

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