An Post eyeing up ‘great opportunity’ as Ulster Bank and KBC exit Irish market
State body will tell politicians it is seeing strong growth in current accounts but that problems remain across the network
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.
“Never has the local ...