26/02/2015
Ulster Bank Reports £600m Profit
Ulster Bank has recorded its first annual profit since 2008.
The bank welcomed the figures, which revealed an operating profit of just over £600m last year.
In 2013, the bank recorded a loss of £1.6bn.
In its annual results for 2014, the bank said its performance was helped by a number of factors including an improving economy.
In a statement, Jim Brown, Chief Executive of Ulster Bank, said: "Ulster Bank today announced annual profits of £606m for 2014, a clear signal that our strategy is working and evidence of sustained progress across all areas of the Bank.
"This performance was driven by the underlying strength of the core Ulster Bank franchise and increased lending to customers across personal and business coupled with our proactive debt management and rising asset prices in a recovering economy."
Ulster Bank is the largest bank in Northern Ireland and the third largest in the Republic of Ireland.
(JP/MH)
The bank welcomed the figures, which revealed an operating profit of just over £600m last year.
In 2013, the bank recorded a loss of £1.6bn.
In its annual results for 2014, the bank said its performance was helped by a number of factors including an improving economy.
In a statement, Jim Brown, Chief Executive of Ulster Bank, said: "Ulster Bank today announced annual profits of £606m for 2014, a clear signal that our strategy is working and evidence of sustained progress across all areas of the Bank.
"This performance was driven by the underlying strength of the core Ulster Bank franchise and increased lending to customers across personal and business coupled with our proactive debt management and rising asset prices in a recovering economy."
Ulster Bank is the largest bank in Northern Ireland and the third largest in the Republic of Ireland.
(JP/MH)
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20 June 2013
Ulster Bank Could Be Split In New Review
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03 February 2015
Danske Bank Posts £117.5m Profit
Danske Bank in Northern Ireland has posted a pre-tax profit of £117.5m for the 12 months to the end of December 2014. The bank said lending volumes have stabilised with increased new lending. Deposit volumes have also remained stable throughout the period, with an overall loans to deposits ratio of 80% at December 2014.
Danske Bank Posts £117.5m Profit
Danske Bank in Northern Ireland has posted a pre-tax profit of £117.5m for the 12 months to the end of December 2014. The bank said lending volumes have stabilised with increased new lending. Deposit volumes have also remained stable throughout the period, with an overall loans to deposits ratio of 80% at December 2014.
24 July 2014
Danske Bank Reports 2014 Profits Increase
Danske Bank has reported a net profit of DKK 6.9 billion (EUR 920.0 million) for the first half of 2014. The bank made the announcement as it released its results for the first half of the year. The net profit represents an increase of 88% from the level in the first half of 2013. Total income amounted to DKK 21.7 billion (EUR 2,912.
Danske Bank Reports 2014 Profits Increase
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30 July 2015
Ulster Bank Records Operating Profit Of £131m
Ulster Bank has recorded an operating profit of £131 million for the first half of this year. The bank reported a £55 million profit in the same period last year. The firm also said that new lending to business increased by 57%.
Ulster Bank Records Operating Profit Of £131m
Ulster Bank has recorded an operating profit of £131 million for the first half of this year. The bank reported a £55 million profit in the same period last year. The firm also said that new lending to business increased by 57%.
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Northern Ireland WeatherToday:A sunny but frosty start for many. However cloud increases by midday with a few showers reaching the north coast, these mostly light but spreading inland this afternoon. Chilly. Maximum temperature 8 °C.Tonight:A rather cloudy evening with scattered showers. Becoming drier through the night with some good clear spells developing and a patchy frost away from coasts. Minimum temperature 0 °C.
