Revealed: the true scale of Ulster Bank's loan losses

Revealed: the true scale of Ulster Bank's loan losses
Ross McEwan, chief executive, RBS.

RBS has now booked impairments of £11.3 billion on non core Ulster Bank loan book

Royal Bank of Scotland (RBS) has booked impairment charges of £11.3 billion on the £15.5 billion in loans it transferred from Ulster Bank to its internal bad bank, new figures show.

Please Subscribe or Log in to continue reading

Subscribe Login

Independent journalism every day

With digital access you can read The Business Post whenever, wherever, and however you want.

  • Unlimited access to all sections of The Business Post on desktop, tablet and mobile.
  • Breaking news, comment and analysis from the best Business Post writers seven days a week.
  • Live blogs of major news events
  • Videos and podcasts from some of the industry's most respected journalists such as Tom Lyons, Susan Mitchell and Ian Guider
  • Access to The Business Post's extensive archive​

More from The Business Post