Irish officials to seek talks with British Treasury over future of Ulster Bank

Officials from the Dept of Finance have been instructed to contact their counterparts in the British Treasury to discuss the future of Ulster Bank, writes Ian Kehoe.

Ian Kehoe - avatar

Ian Kehoe

6th July, 2013
Ulster Bank's HQ in Dublin: uncertainty over the bank's commitment to Irish market. Photo: Feargal Ward

Officials from the Department of Finance have been instructed to contact their counterparts in the British Treasury to discuss the future of Ulster Bank, amid increasing uncertainty over the bank's long-term commitment to Ireland.

Michael Noonan, the finance minister, has told officials to contact the Treasury to stress the important position of Ulster Bank in Ireland, and offer any assistance to a new government review of Ulster Bank's parent company, Royal Bank of Scotland (RBS).

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