Oireachtas Joint and Select Committees
Wednesday, 29 April 2015
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of the Banking Sector in Ireland (Resumed): Ulster Bank
2:00 pm
Mr. Jim Brown:
It is probably less than 10% of the previous figure. That said, as part of the strategic review that was undertaken by RBS, we recognise the strategic importance of the role Ulster Bank plays and we are prepared to increase our current exposure in development. While it will be modest, we have the appetite to do some lending over the next four or five years.
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