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Possible closure of Ulster Bank branches would have "profound consequences"

Feb 17, 2021 14:46 By News Northern Sound
Possible closure of Ulster Bank branches would have "profound consequences"
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The Finance Minister is engaging with the owners of Ulster Bank after concerns have been raised about its future. NatWest has carried out a review

The Finance Minister is engaging with the owners of Ulster Bank after concerns have been raised about its future.

NatWest has carried out a review of the Irish operation, prompting fears for its future.

The company is expected to make an announcement on the future of its 88 branches, including those in the Shannonside Northern Sound region, on Friday.

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Ulster Bank closed a number of branches in the Northern Sound region in recent years but it still has four branches in Cavan town, Monaghan town, Ballyconnell and Ballyjamesduff.

Social Protection and Rural and Community Development Minister Heather Humphreys says Minister Pascal Donohue has told NatWest a closure would have "profound consequences".

But she says while the Government is engaging, there's little it can do:

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