Permanent TSB reopens acquired Ulster Bank branches

PTSB has invested €25m in refurbishing the branches with 125 former Ulster Bank staff transferring

Permanent TSB Eddie Kearney, Head of Retail Distribution, Chris Costello, TSM Sale Manager, Fingal and Patrick Farrell, Retail Banking Director

Permanent TSB has reopened 24 of the 25 branches it acquired from Ulster Bank which is departing Irerland's banking market.

It brings to 98 locations the number of branches in PTSB's network. It follows the bank's broader acquisition of €6.2bn in Ulster Bank's performing non-tracker mortgages, its performing micro SME business and entire Lombard asset finance business, in addition to more than 25% of its branch locations.