Ulster Bank reports €362m profit for 2015

Parent RBS posts eighth consecutive annual loss

Ulster Bank HQ. Pic: Ireland's Content Pool
Ross McEwan, chief executive of RBS. Pic: Getty

Ulster Bank figures reported this morning top line a 65 per cent increase in new lending to business and 53 per cent increase in mortgage drawdowns

Parent bank the Royal Bank of Scotland also announced its figures.

The operating profit for 2015 was €362m, as against €606m in 2014. ...