The easy work, of selling off loan portfolios and assets, has largely been done by Ulster Bank and KBC themselves. The real tricky part is what to do with the customers who rely on the banks for their day-to-day transactions. Picture: Fergal Phillips
Over the next number of weeks, just under one million Ulster Bank customers will have received letters or emails telling them the time is approaching for them to close their accounts. A few weeks later, hundreds of thousands of KBC Bank customers will be on the receiving end of similar communications about that bank’s planned withdrawal from this country.Subscribe from just €1 for the first month!
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