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Home»Posts tagged with»Ulster Bank

AIB Group to acquire Ulster Bank performing tracker mortgage portfolio

By Pallavi Madhiraju on June 4, 2022   General business news  

AIB Group to acquire Ulster Bank performing tracker mortgage portfolio

AIB Group plc said that its subsidiary Allied Irish Banks has signed a binding agreement with NatWest Group and Ulster Bank Ireland DAC for acquiring a €6 billion performing Ulster Bank tracker mortgage portfolio. According to AIB Group, Allied Irish Banks will buy the portfolio consisting of nearly 47,000 Ulster Bank customers for €5.4 billion. […]

NatWest Group to withdraw Ulster Bank in Ireland in phased manner

By Pallavi Madhiraju on February 20, 2021   General business news  

NatWest Group to withdraw Ulster Bank in Ireland in phased manner

Ulster Bank will begin a phased withdrawal from Ireland over the coming years in line with a strategic review completed by its parent company NatWest Group. According to NatWest Group, Ulster Bank Ireland is not expected to achieve an satisfactory level of sustainable returns over its planning horizon. The British bank holding company said that […]

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