Ulster Bank says it is re-affirming it’s commitment to Ireland with the removal of it’s toxic assets to an internal bad bank.
The move is part of an overall restructuring of it’s parent company Royal Bank of Scotland which is 80 per cent owned by the British taxpayer.
- Advertisement -
It’s hoped the move will allow it to continue its operations here in Ireland while a full review will be carried out RBS to ensure the bank remains viable.
