Ulster Bank

Bank Information

Bank Name Ulster Bank
Bank Short Name ULS
Bank Type Associate Bank
Operating Country Ireland
Number of Domestic Branches 236 Retail Branches; 59 Business Banking Offices
Number of non-domestic Branches 0
Euro

Registered Address

Ulster Bank Group Centre
George's Quay
Dublin
2

Description

Ulster Bank Group is a leading provider of financial services in Ireland. Ulster Bank was founded in 1836 and became a wholly owned subsidiary of NatWest in 1917. In March 2000, NatWest Group was the subject of a successful take-over bid by The Royal Bank of Scotland (RBS) and Ulster Bank Group is now part of the enlarged RBS group. In 2005 Ulster Bank was named Corporate Bank of the Year in Ireland.

Contact Information

Link to Ulster Bank website www.ulsterbank.com

Profile

Ulster Bank wasfounded in 1836 and became a wholly owned subsidiary of NatWest in 1917. InMarch 2000, NatWest Group was the subject of a successful take-over bid by TheRoyal Bank of Scotland (RBS) and Ulster Bank Group is now part of the enlargedRBS group. 40% of the top 100 corporates in Ireland bank with Ulster Bank.

Market Position

Ulster Bank is the highest rated full service, clearing bank in Ireland.  Ulster Bank is a part of RBS which is the second largest banking group in Europe and the sixth largest in the world, by market capitalisation.  Ulster Bank Group is the leading bank in Northern Ireland and the third largest clearing bank and second largest mortgage provider in the Republic of Ireland.  The group has 5,400 employees and 1.4m customers.

Rating

  Long-term Short-term
Fitch A+ F1+
Standard and Poor's BBB+ A-2
Moody's A2 P-1

Accolades

  • Four timeswinner of KPMG's Business Banking Excellence Award (2005 - 2008)
  • GlobalFinance - "Best Trade Finance Bank in the UK" 2011
  • EuromoneyTrade Finance Survey 2011 - "Best Trade Finance Provider in the UK"
  • Euromoney FXPoll 2011 - "#1 FX House for UK Corporates (by market share)
  • Global TradeReview - "#1 Bank Globally for Documentary Processing Services" 2010
  • Global TradeReview - "Deal of the Year" 2010
  • TreasuryManagement International - "Best Risk Management, Europe" 2010

Membership of Clearings

Ulster Bank is a member of the Irish bank clearing service.

Euro