Oireachtas Joint and Select Committees
Thursday, 13 November 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of Banking Sector: Ulster Bank
10:15 am
Mr. Jim Brown:
As I mentioned in my opening statement, we have a balance sheet fund of €25 billion of deposits as against just under €28 billion of loans, but we have surplus funds available in Northern Ireland and we fund from the wholesale markets in the Republic as well, through securitisation and also through inter-group lines from RBS.