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:

We have moved beyond commercial discussions. Earlier this week on Monday we announced that we had concluded those discussions with the NatWest Group, which is the ultimate parent of Ulster Bank. We will be acquiring that loan book. More than 5,000 customers and 280 members of staff within the Ulster Bank group will be joining AIB on TUPE.