Oireachtas Joint and Select Committees

Wednesday, 18 May 2022

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Withdrawal from Irish Banking Market: Engagement with Ulster Bank and KBC Ireland

Mr. Patrick Farrell:

Yes. Starting from next week, we will be putting staff members into 22 of the 25 branches. We have got agreement with Ulster Bank to go into 22 of the 25 that are involved in the transaction. We will also be going into 32 of its other branches throughout the country. We will also be supporting that with five mobile branches, which we will be putting on site to support customers.

We will be looking at footfall in the various towns in the Deputy's constituency. Obviously, he has Buncrana, Ballybofey and Killybegs as well. We want to make sure that we are actually in the right place at the right time to support the customer to move across by putting staff in branches and having extra space for mobile branches. We are going to be communicating on the ground and advertising locally to try to encourage customers to come and join us. On the Deputy's point, we want them to be viable, vibrant businesses going forward in order that we can stay and support those communities.

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