Permanent TSB to
open in Buncrana
Permanent TSB has today
announced details of its plans to open a new branch in
Buncrana in early 2023.
The bank is investing €4 million in four new branches in
Donegal, which will build on Permanent TSB’s existing
presence as part of a major expansion from 75 to 99
branches in communities across Ireland.
The new Buncrana bank will open for business in late
January / early February 2023 following the acquisition
of the local Ulster Bank branch.
Permanent TSB is encouraging customers to move their
account to them before the Ulster Bank branch
closes on 13th of January.
Permanent TSB's head of
retail distribution Eddie Kearney.
The new Permanent TSB in
Buncrana will feature full cash services and will
include staff who worked in the branch when it was
operated by Ulster Bank.
Eddie Kearney, Head of Retail Distribution at Permanent
TSB, said: “This is a big moment for Permanent TSB as we
open for business in four new communities in Donegal. We
are delighted to invest in these new branches and the
people who will work in them.”
The Permanent TSB will open the new branches in
Ballybofey, Buncrana, Donegal Town and Killybegs as part
of its wider acquisition of €7.5 billion in mortgages,
SME loans and asset finance business from Ulster Bank.