NatWest responds to Northern Ireland job concerns after Ulster Bank announced to close


NatWest has sought to give reassurances that 600 Ulster Bank jobs in Northern Ireland are not at risk in the wake of its decision to withdraw operations from the Republic of Ireland.

The announcement came as parent company NatWest revealed that it made a pre-tax operating loss of £351m in 2020.

Explaining the move, NatWest said a review had found that Ulster Bank business in the south would not achieve an acceptable level of returns going forward.



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