Sunday January 19, 2020

Ulster Bank seeks regulatory approval to pay dividends to parent company RBS

The bank has said that it is in talks to secure the Central Bank’s approval to make a payment to RBS of some of its excess capital, although it is not known how much it will involve

Ian Guider

Markets Editor

@ianguider
11th August, 2019

Ulster Bank is seeking regulatory approval to pay dividends to its parent company, the Royal Bank of Scotland (RBS).

The bank has said that it is in talks to secure the Central Bank’s approval to make a payment to RBS of some of its excess capital, although it is not known how much it will involve.

Ulster Bank last paid a dividend to RBS in early 2018 when it handed over €1.5 billion,...

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