19/02/2021
This is very distressing news for employees of Ulster Bank and for mortgage holders. Ulster Bank also holds a sizeable share of the SME loan market and this development is very worrying for small business owners during a time of crisis for many.
Please don't hesitate to contact our office if you are an employee or customer of Ulster Bank and need some legal advice.
"Ulster Bank is the third-largest mortgage and corporate lender in the Republic and has 88 branches and employs 2,800 people in the south, with a further 600 people in a head office in Belfast whose future is also under threat, the FSU has warned."
Experts warn an Ulster Bank exit will have far-reaching consequences, both for business and private customers