Banking

Financial Services Union calls on regulator to extend timeline of KBC/Ulster Bank withdrawal

Concerns voiced for welfare of staff due to workload caused by account switches

The Financial Services Union called for KBC and Ulster Bank to remain in the Irish market until 2023. Picture: RollingNews.ie

The Financial Services Union has called on regulators to compel Ulster Bank and KBC, both of which are set to withdraw from the Irish market this year, to extend their timelines and commit to remaining open until 2023 amid “growing concerns for the health and safety” of staff who are overburdened by the workload of facilitating account switches.

John O’Connell, ahead of an appearance in front of the Dáil Committee on Finance, Public Expenditure and ...