Ulster Bank is by some measures the third largest bank in the Republic of Ireland but has struggled to be profitable. Ulster Bank's business in Northern Ireland will continue to trade but there are concerns the move could impact jobs. Ulster Bank has told its NI staff there will be no new or compulsory redundancies this year as a result of the announcement.
NatWest Group CEO Alison Rose said: "Following an extensive review and despite the progress that has been made, it has become clear Ulster Bank will not be able to generate sustainable long terms returns for our shareholders. Ulster Bank was founded in Belfast in and opened its first branch in Dublin in It currently employs more than 2, people in the Republic of Ireland.
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KBC Bank owner expects to complete Irish loans sale in Subscribe Now. Subscribe now. The Business Hub Newsletter. Our ATMs allow you to:. If your card is lost or stolen and you need emergency funds, our 24 hour Emergency Cash service can help.
Did you know you can withdraw cash without your card using our mobile app Get Cash service? If you have forgotten your Debit Card our Get Cash feature within our mobile banking app enables you to withdraw cash at any Ulster Bank ATM, using a code sent straight to your phone.
You can use our mobile app to find the nearest Branch or ATM simply by entering your address through the 'Near Me' function. You will need to have your location settings enabled and data charges may apply. To get our app, all you need is to be registered for Anytime Banking and have an ROI or international mobile number in specific countries. Our Bank on Wheels provides banking services in a number of towns and villages where we don't have a permanent branch, offering a range of services from cashing cheques, making deposits or paying bills.
With over branches across Ireland you're never far from one of our locations, but to make it even easier to bank with us we off a range of services at many An Post outlets across the country. Ways to bank.
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