Oireachtas Joint and Select Committees
Wednesday, 30 June 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
General Banking Matters: AIB
Dr. Colin Hunt:
The part of the Ulster Bank business that we have acquired, which will be coming into AIB Group over the quarters ahead, is the commercial and corporate loan book. It does not relate to any branches. That was never part of our negotiations or discussions with NatWest Group or Ulster Bank. The business that we are acquiring is the corporate and commercial business.
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