The payment is part of the bank’s ongoing withdrawal from the Irish market
Ulster Bank is to pay an €800 million dividend to NatWest Holdings, its parent company, as part of the bank’s ongoing withdrawal from the Irish market.
This is the first time the bank has paid a dividend to its UK shareholders since announcing its withdrawal from Ireland in 2021. Following the payments, Ulster Bank will have a capital ratio of over 30 per cent – significantly above regulatory requirements and more than double the level ...
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