M/21/076 – PTSB/Certain Assets of Ulster Bank
The proposed acquisition of certain assets of Ulster Bank Ireland DAC by Permanent TSB plc has been cleared by the Competition and Consumer Protection Commission.
|Notification date||Decision date|
|Wednesday December 22, 2021||Thursday, July 21, 2022|
|Parties Involved||Business activities|
|Permanent TSB plc||
Permanent TSB plc is a provider of retail and small and medium sized enterprises banking in the State, offering a range of banking products such as business and personal current accounts, overdrafts, mortgages, business and personal loans, credit cards and home insurance.
|Ulster Bank Ireland DAC||
Ulster Bank Ireland DAC is a full service retail and commercial bank providing a range of financial services in the State. Ulster Bank Ireland DAC is a wholly-owned subsidiary of NatWest Group plc.
|Economic sector||Media merger|
|Financial and Insurance Services||No|
|Submissions from third parties due by:|
|Phase 1||Phase 2|
|Tuesday, January 4, 2022||Monday, May 30, 2022|
|Date of Requirement for Information||Date Information Received|
|Monday, January 31, 2022||Monday, March 28, 2022|
|Current status: Completed|
|Cleared (Phase 2)|
|Authorised Officer Assigned||Contact Details|
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