Update on transfer of Ulster Bank Limited business

RNS Number : 4137X
NatWest Group plc
04 May 2021
 

 

 

NatWest Group plc

4 May 2021

 

 

NatWest Group plc ("NatWest Group") announced on 12 November 2020 that it proposed to simplify the way it conducts business in Northern Ireland by transferring the major part of the banking business of Ulster Bank Limited ("Ulster Bank"), a legal entity incorporated and operating in Northern Ireland, to National Westminster Bank Plc ("NatWest Bank") under a banking business transfer scheme pursuant to Part VII of the Financial Services and Markets Act 2000 (the "Scheme"). NatWest Group is pleased to announce that the Scheme was effected on 3 May 2021.

 

Note: Ulster Bank Limited which operates in Northern Ireland is a separate and distinct legal entity from Ulster Bank Ireland Designated Activity Company which is incorporated in and provides banking services to individuals, companies and institutions in the Republic of Ireland.

 

For Further Information contact:

 

NatWest Group Investor Relations

Alexander Holcroft
Head of Investor Relations
+44 20 7672 1758

 

NatWest Group Media Relations  

+44(0)131 523 4205

 

 

 

 

 

 

Legal Entity Identifier

NatWest Group plc

2138005O9XJIJN4JPN90

Ulster Bank Limited

213800BZ9V4RRA2IRN26

National Westminster Bank Plc

213800IBT39XQ9C4CP71

 

 

 

 

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