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Banking lobby boss demands answers over Ulster and KBC exits

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The Banking and Payments Federation of Ireland has called for policymakers to explain the exit of Ulster Bank and KBC from Ireland. The regulatory burden and cost of doing business in Ireland are cited as reasons for the banks' departure.

The Banking and Payments Federation of Ireland has demanded answers from policymakers regarding the exit of Ulster Bank and KBC from Ireland. The regulatory burden and cost of doing business in Ireland are cited as reasons for the banks' departure.

Brian Hayes, the CEO of the federation, emphasized the need for significant questions to be answered regarding the banks' exits.

 

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