Company overview

Timeline

1836 – Ulster Bank is founded
1917 – Ulster Bank becomes a wholly owned subsidiary of what is now known as NatWest
2000 – The Royal Bank of Scotland Group (RBS) takes over NatWest. Ulster Bank becomes a wholly owned subsidiary of RBS
2004 – Ulster Bank Group acquires First Active, a leading mortgage provider.
2009 – First Active merges with Ulster Bank Group

DSE

Ulster Bank today

Across the Republic of Ireland and Northern Ireland, Ulster Bank employs over 6,000 people. We meet the needs of around 1.9 million personal and business customers through 236 outlets across the island of Ireland and a business banking presence in every county.

Our business is formed of two distinct divisions:

  • Ulster Bank Retail Markets
  • Ulster Bank Corporate Markets


Ulster Bank Retail Markets

Ulster Bank Retail Markets provides branch banking and direct banking for personal and small business customers throughout the Republic of Ireland and Northern Ireland.

Georges Quay

Retail

  • 90 outlets in Northern Ireland
  • 146 outlets in Republic of Ireland
  • Responsible for branch-based marketing, sales and service activities
  • Delivering a full range of competitively priced products to the marketplace

Direct banking

  • All card-based business
  • Anytime telephone and internet banking
  • Direct product offerings
  • ecommerce strategy and activities

Private banking

  • Targeted day to day banking services for high net worth individuals


Ulster Bank Corporate Markets

Ulster Bank Corporate Markets answers the day-to-day banking needs of business and corporate customers.

We provide:

  • Treasury and money market services
  • Asset financing
  • Online banking
  • International services

There are three business units:

Business banking

  • Operates through the distinct geographic and regulatory locations of the Republic of Ireland and Northern Ireland
  • Provides a range of services to businesses from start-ups and franchises to established companies
  • Specialist experience in food, media, building materials, leisure, healthcare, project finance and infrastructure
  • Foreign direct investment
  • Dedicated invoice finance support

Capital markets

  • Helps customers understand hedging and investment instruments
  • Provides specialist economic advice on treasury developments

Resourcing

Creates and delivers product solutions for business customers in all aspects of transactional banking including:

  • International and domestic cash management
  • Global trade finance
  • Merchant services
  • Commercial cards

Also provides high net worth individuals with innovative, tailored investment solutions and advice through our wealth managers.