Company Overview of Ulster Bank Limited
Ulster Bank Limited provides retail and commercial banking products and services in Northern Ireland and the Republic of Ireland. The company offers various personal banking products and services, including current and savings accounts, ISA products, and money desk and fixed term deposits; mortgages and personal loans, and overdrafts facilities; debit and credit cards; investment products; home insurance and life assurance insurance products; private banking services; and online, mobile, and telephone banking services, as well as manages debt products. It also provides business banking products and services comprising business current and foreign currency accounts; business overdraft facilit...
11-16 Donegall Square East
Belfast, BT1 5UB
Founded in 1836
Key Executives for Ulster Bank Limited
Interim Chief Executive, Chief Financial Officer and Executive Director
Chief Executive of Corporate Markets
Chief Executive of Retail & Commercial for Europe & Middle East
Managing Director of Corporate & Institutional Banking
Head of Ulster Bank Invoice Finance
Compensation as of Fiscal Year 2015.
Ulster Bank Limited Key Developments
Ulster Bank Mulls Sale Of Project Clear
Sep 22 15
Ulster Bank Limited may sell some loan portfolio. The company is preparing to sell loans tied to nearly a fifth of all land in Dublin available for residential development. Project Clear is likely to be sold in three tranches and has a stated value of about €1.2 billion, but is likely to be sold for substantially less. Ulster Bank spokesman confirmed that the company is ‘planning to sell a portfolio of loans, Project Clear, which include as collateral 17pc of all residential zoned land in Dublin".
Ulster Bank Mulls Sale Of Dublin Land Bank
Sep 20 15
Ulster Bank Limited is examining the potential sale of one of the largest tracts of residential development land in Dublin, a move that would help unlock a major supply of potential houses in the capital. The bank is now examining if it can sell the loans and land as a single sale. Sources in the property industry said that the prospective suite of buyers is likely to be slimmed down due to the large amount of development work needed to transform sections of the SDZ from greenfield to residential.
Ulster Bank Announces Management Changes
Sep 11 15
Ulster Bank has made two changes to its executive management team in the Republic. Paul Stanley has been appointed as interim chief executive, while Ciarn Coyle has taken on the new role of chief administrative officer and will join the bank's executive committee. Mr. Stanley was Ulster Bank's chief financial officer. He became interim chief executive on following the departure of Jim Brown, who has moved to the UK to lead Williams & Glyn. Mr. Stanley had been tipped to get the role on a permanent basis and it's not clear if he is in the running for this plum post, or when an announcement on a new chief executive will be made by Ulster Bank. Mr. Coyle was previously head of banking operations, where he led a large team in day-to-day operations.
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