Ulster Bank closes to new business customers as market exit gains ground

The closure of the bank's business products to new customers comes into effect from today, July 30. 

Ulster Bank announced an exit from the Irish market in February after a strategic review.  Picture: Sam Boal / RollingNews.ie

Ulster Bank is no longer taking on new business customers as part of its phased withdrawal from the Irish market first announced in February of this year. 

The announcement comes as the bank reported an operating loss of €7m for the first half of the year-a significant fall from €276m at the same time last year.