Chief executive: Richard Donnan
Pre-tax profit: £51m Employment: 2,000 Pay bill: £81m
11-16 Donegall Square East Belfast BT1 5UB Tel: 0345 948 2222 www.ulsterbank.co.uk
Ulster Bank retained the largest share of the personal and business current account market in Northern Ireland in 2018 and helped over 30,000 people get financially fitter through a free Financial Health Check. The bank introduced Northern Ireland’s first paperless mortgage process during the course of the year. Its total new mortgage lending in 2018 increased by over 30%.
The year also brought the unveiling of the designs for Ulster Bank’s new polymer £5 and £10 notes which were introduced into circulation in February.
Ulster Bank saw drawdowns by small businesses increase 27% in the year, as the bank continued to support a wide range of customers to invest and grow. As the principal sponsor of Northern Ireland’s largest agri-food event, the Balmoral Show, it is a major contributor to the farming and food and drink sectors in Northern Ireland. Its Ulster Bank Entrepreneur Accelerator has made a significantly positive impression on the entrepreneurial community in Northern Ireland and moved to a new home within the bank’s Donegall Square East headquarters in recent months.