An Post eyeing up ‘great opportunity’ as Ulster Bank and KBC exit Irish market

The looming exit of Ulster Bank and KBC from the Irish market represents a “great opportunity” for An Post to grow its banking activities, politicians will hear tomorrow.

The state’s postal delivery provider will tell the Oireachtas transport committee it has recorded a 77 per cent jump in new current account openings this year, and that it is eyeing up a gap in the market left by the two departing banks.

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