NatWest to Exit Irish Market, Resumes Dividend Despite 4Q Pr

NatWest to Exit Irish Market, Resumes Dividend Despite 4Q Profit Drop — 2nd Update


Provided by
Dow Jones
Feb 19, 2021 8:54 AM UTC
--NatWest reported a drop in operating pretax profit and swung to a pretax loss for the fourth quarter of 2020, but beat market expectations
--The U.K. bank has decided to abandon the Irish market after reviewing its Ulster Bank business
--NatWest set new targets, including cutting costs during the next three years, and plans to resume dividend payouts
By Sabela Ojea
NatWest Group PLC on Friday said that it has begun a phased withdrawal from the Republic of Ireland, as it reported a significant fall in operating pretax profit but resumed dividend payments.

Related Keywords

Ireland , Irish , Republic Of Ireland , Sabela Ojea , Allied Irish Banks , Ulster Bank , Dow Jones Company Inc , Ulster Bank Ltd , Group Holdings , Natwest Group , Natwest , Northern Ireland , Dow Jones , ஐயர்ல்யாஂட் , ஐரிஷ் , குடியரசு ஆஃப் ஐயர்ல்யாஂட் , கூட்டணி ஐரிஷ் வங்கிகள் , அல்ஸ்டர் வங்கி , டோ ஜோன்ஸ் நிறுவனம் இன்க் , அல்ஸ்டர் வங்கி லிமிடெட் , குழு ஹோல்டிங்ஸ் , வடக்கு ஐயர்ல்யாஂட் , டோ ஜோன்ஸ் ,

© 2025 Vimarsana