Ulster Bank ready to resume lending for commercial real estate deals by Irish Independent- 20.05.13

ULSTER Bank is to re-enter the commercial property market with a limited appetite to advance new real estate loans and so-called vendor finance to bidders for the bank’s own property-backed assets, the Irish Independent has learnt.

Senior figures at the country’s third-biggest bank have confirmed that its UK parent RBS has signed off on allowing Ulster to make new loans for commercial real estate deals.

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