Ulster Bank and KBC account closures slow as more branches prepare to close next week

Of the remaining 167,988 current accounts open between Ulster Bank and KBC, approximately 101,000 of these accounts are deemed to be active

Only 86,298 current and deposit accounts were closed in March — a drop of 57% on the number of closures in February.

Account closures at Ulster Bank and KBC slowed dramatically during the month of March leaving nearly 168,000 current accounts open with more branches set to shutter.

Figures from the Central Bank show that 86,298 current and deposit accounts with the two departing banks were closed during last month — a drop of 57% compared to the more than 185,000 that were closed during February.