Ulster Bank ‘open for business’ as €2bn in SME and mortgage funds unveiled

The bank also unveiled its €850m mortgage fund to 200 business leaders attending a breakfast seminar in Cork yesterday. Guest speakers included clients who had switched to Ulster from rival banks.
“When we started, our parent bank wouldn’t back us,” said Tom Kearney, founder of Spice Of Life. “Now we use Ulster Bank and Lombard for all our financing. We wanted someone who would come in and understand our business. We now have a business relationship which we didn’t have with our previous bank.