Gerald Nash (Louth, Labour) | Oireachtas source

I have a practical question for Mr. Crowley regarding the process, although I think I know the answer. I assume that where there is an Ulster Bank branch in a town or location where there is also a Permanent TSB branch, the Ulster Bank branch will close and the asset will not move over to PTSB. To be narrowly parochial on my part, in Drogheda, for example, where there are both Ulster Bank and Permanent TSB branches, the former is likely to close and Ulster Bank will do whatever it wishes with that asset in time. Permanent TSB will then operate only one branch in such a location. Is that the case?