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 ...
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ulster Bank to pay €800m dividend to NatWestThe payment is part of the bank’s ongoing withdrawal from the Irish market
Read more »
Ulster Bank starts repatriating excess cash to UK with €800m dividendPayment comes as Ulster Bank hastens its exit from the Republic via IrishTimesBiz
Read more »
European Central Bank increases interest rates for the eighth time since last summerThe institution has increased interest rates, for the eighth consecutive time, by 0.25% this morning.
Read more »
TDs praise officials for ensuring HSE wasn't 'falling over' after Bank Holiday weekendOne TD told the HSE CEO that he should “take a bow” for implementing “common sense measures” on the Bank Holiday, by asking staff to volunteer for a seven day roster.
Read more »
Dublin-listed Revolut investor cuts value of digital bank by 40%Molten Ventures, previously Draper Esprit, holds a 5% stake in fintech
Read more »
Wall Street bank job cuts set to surpass 11,000 as hiring binge unwindsExecutives try to reverse pandemic recruitment spree that propelled headcounts to record high
Read more »