New Central Bank figures reveal that a total of 81,799 current and deposit accounts were closed in Ulster Bank and KBC Bank Ireland in the five weeks to the end of January.
Today's Central Bank figures reveal that a total of 81,799 current and deposit accounts were closed in Ulster Bank and KBC Bank Ireland in the five weeks to the end of January.
The Central Bank said a total of 316,804 current accounts remained open in Ulster Bank and KBC Bank at the end of January, down 54% since the start of 2022. But the Central Bank noted that updated information showed that a significant proportion of current accounts currently defined as primary are showing low levels of customer reliance.
Meanwhile, a total of 1,002,236 current and deposit accounts were opened across the three largest remaining retail banks - AIB, Bank of Ireland and Permanent TSB - since the start of 2022 as Ulster Bank and KCB customers moved to new lenders.
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