Ulster Bank has said it will pay a dividend of €800m to its parent company NatWest.
The bank said it is paying the dividend today as a consequence of its ongoing withdrawal from the Republic of Ireland.
Post dividend, it said it will have a strong capital position, with a capital ratio of more than 30%.
It said this is "significantly" above regulatory capital minimums.
Last month, Ulster Bank announced a new redundancy programme which will leave up to 800 employees at risk of losing their jobs.
Back in April, the bank closed the last of its remaining branches here.
Ulster Bank had around 1.1 million customers when it announced in 2021 that it planned to withdraw from the Republic of Ireland market.
