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

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 71%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia 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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia 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 obligationsRegulator declines to give update on the extent of sanction-linked assets that have been frozen in the State. via IrishTimesBiz
Source: IrishTimesBiz - 🏆 6. / 77 Read more »