Ulster Bank tells customers to 'get ready' to leave ahead of its exit from Irish market

Earlier this week, Permanent TSB said talks are ongoing between it and NatWest over the potential acquisition of parts of Ulster Bank’s retail and SME business in the Republic

Ulster’s parent NatWest said discussions with other counterparties about their potential interest in other parts of the bank are 'ongoing.' File Picture: Gareth Chaney/Collins

Ulster Bank has told customers to “get ready” to change bank and for further changes as it winds down its business ahead of exiting the Republic next year.

It follows Permanent TSB saying, earlier this week, that talks are ongoing between it and NatWest over the potential acquisition of parts of Ulster Bank’s retail and SME business in the Republic, with a view to entering into legally binding agreements “over the coming months”.