Ulster Bank branches across Cavan and Monaghan could close

Four local Ulster Bank branches could be under threat as speculation mounts the bank’s owner could choose to end operations in the Republic.

Reports today suggest NatWest is considering closing its 88 branches and laying off 2,500 staff.

It’s expected it would choose to wind up the operation, rather than merging it with another bank.

Ulster Bank closed a number of branches in the Northern Sound region in recent years but it still has four branches in Cavan town, Monaghan town, Ballyconnell and Ballyjamesduff.

Personal Finance Editor with the Irish Independent Charlie Weston explained more when he spoke to The Wider View today: