Statement by Minister Donohoe following NatWest’s annual results and decision taken on the future of Ulster Bank in Ireland
Speaking this morning (Friday) following the announcement by National Westminster Bank plc (NatWest) that Ulster Bank Ireland DAC (Ulster Bank) is to withdraw from the Irish market, the Minister for Finance, Paschal Donohoe TD, said it is a difficult day from an Irish banking perspective, and also for the Ulster Bank staff who are receiving news of this development.
19th February 2021