Lombard Ireland presence in the Republic of Ireland
We remain fully open for all business from both new and existing customers.
An update from Lombard
On 19th February 2021 Ulster Bank Ireland DAC announced a phased withdrawal of all its banking activity and associated services within the Republic of Ireland. Subsequently, on the 23rd July Ulster Bank Ireland DAC announced that Ulster Bank and its parent NatWest Group have agreed a non-binding Memorandum of Understanding with Permanent TSB Group (“PTSB”) for the proposed sale of a perimeter including all facilities in Ulster Bank’s Lombard Asset Finance business, and the Lombard digital platform. This non-binding Memorandum of Understanding is subject to further due diligence, the negotiation and completion of a final binding agreement and the obtaining of regulatory approvals.
Lombard remains fully open for all business from both new and existing customers.