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National News

McConalogue urges farmers to update bank details ahead of Ulster Bank and KBC exit

The Minister for Agriculture, Food and the Marine is urging Irish farmers to update their bank details. Farmers who bank with KBC or Ulster Bank must contact the Department of Agriculture with new account details ahead of the banks' exit from the ...

04 Oct 2022 at 13:35

National News

85% of accounts in Ulster Bank and KBC Bank Ireland now closed

Latest figures from the Central Bank show that a total of 86,298 current and deposit accounts were closed in Ulster Bank and KBC Bank in four weeks to the end of March. As at end-March 20231, 167,988 current accounts remained open in Ulster Bank ...

16 Apr 2023 at 11:32

National News

Slight uptick in bank account closures as first Ulster Bank accounts frozen

There was an uptick in account closures at Ulster Bank and KBC Bank in October, the Central Bank of Ireland said, as the first Ulster Bank accounts are to be frozen from Friday. Ulster Bank and KBC Bank announced in 2021 that they plan to leave ...

11 Nov 2022 at 11:18

National News

Warning of insurance risks for customers of closing banks

Customers of the two major banks leaving the Irish market have been warned to check their insurance and pension policies to ensure their direct debits are not interrupted, which could cause the policies to lapse. The departure of Ulster Bank ...

09 Nov 2022 at 15:24

National News

Over half of customers faced 'challenges' switching bank accounts

Sixty per cent of people switching banks have encountered "challenges" in relation to things direct debits and payments, ahead of the closure of Ulster Bank and KBC branches. The Competition and Consumer Protection Commission (CCPC) has ...

02 Nov 2022 at 11:13

National News

Bank branches across the country to close on Friday evening

KBC Bank Ireland is to permanently close all but one of its remaining branches or hubs around the country later this evening, Friday. The bank is winding down its operations around the country ahead of its exit from the Irish market ...

10 Mar 2023 at 10:02

National News

Ulster Bank ‘confident’ it can move vulnerable customers by end of March

Ulster Bank said it is confident that it has the resources to “handhold” vulnerable customers towards a new provider by the end of March, as it begins to freeze active accounts. Around 2,000 active personal accounts will begin to ...

01 Feb 2023 at 16:30

Home

KBC Business appoint Banking Area Manager for Kilkenny and South Leinster

Glenda Wilson has been appointed Area Manager, Business Banking for South Leinster at KBC Bank Ireland. She brings with her over 15 years’ experience in banking and finance having held various senior business management roles. ...

24 Jul 2019 at 14:16

National News

Central Bank could take action to delay withdrawal of Ulster Bank and KBC

Ireland’s Central Bank Governor has indicated that it could take measures to delay the withdrawal of two banks from the Irish market as customers face difficulties in making the switch to new providers. Gabriel Makhlouf also ...

02 Nov 2022 at 17:33

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