Sign in. It’s quick, free and it’s up to you.
An account is an optional way to support the work we do. Find out more.
ULSTER BANK HAS reported its first profit since 2008.
The bank’s parent company Royal Bank of Scotland has released its annual results for 2014, showing that Ulster Bank made a €752 million profit last year.
The bank turned in the results on the back of increases in net interest and reducing expenses by €130 million.
Lending activity rose to £1.8 billion, with £1.1 billion in new loans made available. The bank saw a 41% increase in mortgage drawdowns in 2014
Chief Executive Jim Brown said that the bank saw a strong performance due to debt management and rising asset prices.
“In 2015 we will continue to focus on the needs of our customers and we have stated our ambition to become Ireland’s number one bank for customer service, trust and advocacy.
“We have appointed our first Director of Customer Experience and Products, reporting directly to me and responsible for making it easier for customers to do business with us.”
He added that the bank hopes to make €1.9 billion available to lend this year.
To embed this post, copy the code below on your site
Maybe this Assistant Commissioner could have a quite word with the Assistant commissioner in charge of Road Policing, who is certainly not resting on his laurels, sending out a memo (leaked and i wonder by whom) stating named gardai in the Dublin district are not generating enough fines etc…..
@Joseph Dempsey: there shouldn’t be an issue with that kind of memo. X amount of people means Y percentage are likely to be breaking laws like parking, speeding and evading tax or insurance so there is a real number of fines to try and achieve. The problem comes when it is done for decades without accountability or oversight because then corruption sneaks in.
Well done Gardaí for taking this Thug off the streets
For every Fat Freddie that’s convicted there’s two more Fat Frogs waiting to take direction from him in his prison cell, while he lays back with one eye on his flatscreen and the other on his smart phone.
The Gardai should not have allowed this gang to gain such a strong foothold in Dublin/ Ireland in the first instance. It’s not as if this gang just appeared out of the blue.
The Gardai dismantled the gang in Limerick only after innocent people got killed by said gang.
This reminds me of the saying “closing the stable door after the horse has bolted” a bit pointless.
@Eamonn Kiely: Gardai are not the bosses of the crime gangs they can’t prevent them from growing. It never pointless putting a murderer behind bars
@Eamonn Kiely: maybe you should become a guard since you know so much about it?
@Gareth Cooney: yes I couldn’t agree with you more it’s never pointless putting a murderer away. The more murderers taken off the streets the better.
My point was that the gardai stated they would not be resting on their laurels after this conviction. They should not have allowed it to get this far.
@John Lally: Perfectly happy in my chosen career, thank you
@Eamonn Kiely: Unfortunately Eamonn you just cant pick people off the street, years of detective work required to build cases that will stick in Court.
@Ger Murphy: If anyone deserves a life sentence its this man, the Gardai must be delighted they have been at this guy for years say hes orchestrated more murders than Tony Soprano.
@Eamonn Kiely: So you are saying he should not have been prosecuted??
@eddie horgan: please read my comments above
have your say