Dáil debates

Thursday, 26 November 2020

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions

Banking Sector

10:30 am

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Ulster Bank plays a key role in our communities. It supports business, provides local jobs to 3,000 people in towns and cities across the State and has a strong branch network of 88 branches. NatWest, the parent company of Ulster Bank, has undertaken a strategic review of Ulster Bank's operation and its future operation in this State. It has been widely reported that NatWest is considering the full withdrawal of Ulster Bank from the State. The closure of Ulster Bank would be bad for customers, employees and the Irish banking sector. What actions has the Minister taken in recent weeks to deal with this issue?

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