Buzz – Ireland will soon have the fewest retail banks in the EU – here’s what that could mean for you
June 22, 2022
Thousands of Irish customers are scrambling to open new current accounts as KBC and Ulster Bank leave the country – with more than 400,000 people thought to be switching over. But those searching for an alternative bank will hardly be spoilt for choice.
Only three bricks-and-mortar banks based in Ireland will remain once the two banks close their Irish businesses, far fewer than even the smallest EU nations.