Ulster Bank pays first dividend since 2008
Bank has received more than €15 billion from parent company RBS
Ulster Bank has announced that it is to pay a dividend to its parent company Royal Bank of Scotland (RBS), its first pay-out since 2008.
In an announcement to the Irish Stock Exchange, the board of Ulster Bank Ireland DAC said it planned to make the €1.5 billion payment on November 30 to National Westminster Bank plc, which is ultimately owned by RBS.
It added that the required regulatory approvals for the payment ...
