Ulster Bank reports first operating profit since 2009

RBS has said its troubled Ulster Bank subsidiary reported its first quarterly operating profit since 2009.

Ulster Bank reports first operating profit since 2009
Fri, 02 May, 2014 - 15:04

RBS has said its troubled Ulster Bank subsidiary reported its first quarterly operating profit since 2009.

It earned £17m (€20.71m) in the period, compared with a £164m (€199.81m) loss in the same quarter last year and a £996m () loss in the fourth quarter of 2013.

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