Ulster Bank has reported an operating profit of €15m for 2018. Ulster Bank has reported an operating profit of €15m for 2018. In the final quarter of 2018 Ulster Bank completed a sale of a portfolio of non-performing loans, reducing its non-performing loan ratio to 11.3pc. Ulster Bank CEO Jane Howard said:"In 2018, we made tangible progress on our priorities to build a simpler, safer and more customer focused bank." Elsewhere and Ulster Bank owner RBS has reported a profit of £1.6bn (€1.8bn) for 2018.

Source: Irish Independent February 15, 2019 07:18 UTC