Makhlouf: Banks’ exit could signal ‘rightsizing’ of retail banking market

Business News News

Makhlouf: Banks’ exit could signal ‘rightsizing’ of retail banking market
Business Business Latest News,Business Business Headlines

The departure of Ulster Bank and KBC Bank Ireland could represent the “rightsizing” of the Irish retail banking market, Gabriel Makhlouf told reporters last week.

The departure of Ulster Bank and KBC Bank Ireland could represent the “rightsizing” of the Irish retail banking market, the governor of the Central Bank of Ireland has said.

Both lenders last year announced their intention to withdraw from the Irish market over the coming years, leaving hundreds of thousands of customers in need of a new bank.

 

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Central Bank reminds business groups on Russian sanctions obligationsCentral Bank reminds business groups on Russian sanctions obligationsRegulator declines to give update on the extent of sanction-linked assets that have been frozen in the State. via IrishTimesBiz
Read more »



Render Time: 2025-01-10 06:16:37