1. RBS Group in Ireland Ulster Bank – Corporate & Institutional Banking
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2. Introduction to Ireland
Key facts about Ireland
Population
4.581m – 50% of population under 35
Time zone
Currency
GMT
Euro
Language
Taxation
Political landscape
English speaking
Competitive Tax Environment
Republic – Stable political environment, parliamentary democracy
Ireland is the only English speaking country in the Eurozone
There are 1,033 overseas companies in Ireland
As a member of the EU, Ireland provides access to over 505 million consumers

3. Why Choose Ireland? Ease of Access  English Speaking 
Access to Talent 
Attractive Corporate Tax Regime – 12.5% Corp Tax Rate and R&D Tax Credits 
Track Record – Companies already with a presence in Ireland
9 of top 10 global pharmaceutical companies
Top 10 “Born on the Internet” companies
12 out of 20 global internet companies
12 out of 15 global medial device companies
More than 50% of world’s leading financial services firms
Results of IMD Competitiveness Year Book 2013
Flexibility and Adaptability – Ireland ranked 1st
Investment Incentives – Ireland ranked 1st
Business Legislation – Ireland ranked 1st
Availability of Skilled Labour – Ireland ranked 3rd
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4. The Irish Economy
Ulster Bank upgraded real GDP growth forecasts in August to 3.1% for the year (1% higher than previous estimates). Real GDP growth of 3.2% expected for 2015
Average unemployment rate at peak of 14.7% in Expected to average 11.5% for 2014 and 10.4% for 2015 01 06
Improved export performance – Assisted by strengthening trading partners, namely US and UK, and improved trends in pharma-chem sector
Increased home building activity is turning what was a headwind factor for the economy into a tailwind 02 07
Exports grew a subdued 1.1% in 2013, and expected to grow 5% for 2014
Public finances close to €1bn ahead (0.5% of GDP) at end of July, with Ireland on track to record general government deficit of under 4% of GDP (vs plan of 4.8% and ceiling set by Europe of 5.1%) 03 08
Strengthening economy becoming more broad based – With positive export growth, and expanding consumer spending and investment. First time since 2007 that all three key areas grew together
Downside risks come from the potential for further disappointment in the Euro Zone recovery and from international geopolitical tensions 04 09
Stronger than expected 2.4% rise in employment in 2013, with 2% forecast for 2014 and 2015 05
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5. Ireland & The US Irish Investment in US 120,000 Direct Employees
$25 billion FDI Stock
US Investment in Ireland
The USA has invested more Capital in Ireland than all the BRIC countries combined, $204bn vs $174bn
115,000+ Direct Employees
700+ US Businesses
$204 billion FDI Stock
€100+ billion Exports
€13 billion spent in the economy
26% of Ireland’s GDP
73% of all foreign direct investment
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6. How does Ireland Attract Investment?
Key players attracting FDI to Ireland
IDA Ireland
Ireland’s inward investment promotion agency
Attracts FDI into Ireland through a wide range of services
Eiminates challenges on behalf of global investors
Assists potential and existing investors
American Chamber of Commerce Ireland
Representative body for US businesses in Ireland
Represents the interests of US businesses at government level
Connect Ireland
Focus on creating new jobs in Ireland by harnessing the power of your global connections

7. Ulster Bank’s Capabilities
Operating in and from the island of Ireland for 178 years 
Full service domestic bank, with branch network & cash service – Bank personal customers, and all size of companies, from SME’s to large corporates. 
Participant of SEPA payment system 
International banking offering through RBS plc network, and IBOS Association 
Retail and bespoke Private Banking offering for employees and executives locating to Ireland 
Market leading Management Information Systems, examples of which include our online banking platform, “Bankline” and the OneCard’s free Smart Data Online reporting tool 
Full offering of products and services 
Only international bank in Ireland that can offer full domestic banking offering 
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8. Ulster Bank’s Offering
Ulster Bank’s Diverse Product Offering Includes
Advanced Internet Banking (Bankline)
Current Accounts, International Accounts & International Cash Management Offering
Corporate Card Solutions
Deposit Solutions
Capital Market Solutions
Domestic and Global Trade Finance Products for Trading Internationally
Private Banking Offering with Dedicated Personal Relationship Manager
Lending Products
Payroll
Invoice Finance
Physical Cash Management – Fast Cash, Night Safe, Direct Lodgements, Deferred Lodgements

9. RBS plc Network Offering in Ireland
Global International Cash Management offering
Fast and reliable payment and collection services
Major sterling clearer and key euro clearer
State-of-the-art liquidity management solutions
Industry firsts include automated sweeping solution for balances at third-party banks
Specialist liquidity advisory desks provide strategic, customised advice
Award-winning web platform Access Online gives clients unique insight into payments
Wire Payments
ACH Payments
Bank Cheque/Draft Payments
Cross Currency Payments
SEPA Credit Transfers
Corporate Cheque Payments
Payables Solutions
Electronic Collection Services
International Direct Debit
SEPA Direct Debit
European lockbox
Cross Currency Receivables
Receivables Solutions
Channels
Access Online
Access Direct
SWIFT Corporate Access
Liquidity Management Solutions
Cross-Border Cash Optimisation (CBCO)
Shadow Administration
Multi-Bank Cash Concentration (MBCC)
Automated Balance Transfer (ABT)
Cross-Currency Notional Pooling (CCNP)
In counrty ZBA
Euro & USD Cross boarder Zero Balance
End-of-day Sweeping Capabilities
Deposit solutions
Access Netting
Multi-currency Conversion
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10. Irish Member of the IBOS Association
IBOS, the International Banking Network that gives you access to 90% of Europe and the Americas
Streamlined account opening process between member banks
Ulster Bank is the sole member bank for Ireland
Country
Bank
Ireland
Ulster Bank UK
RBS
France
HSBC France
Germany
UniCredit
Italy
Intesa SanPaolo, Unicredit
Russia
ZAO UniCredit
Spain
Santander
Netherlands
KBC
Sweden
Nordea
Belgium
Poland
Bank Zachodni
Norway
Austria
BankAustria
Denmark
Country
Bank
Finland
Nordea
Portugal
Santander Totta
Czech Republic
CSOB
Romania
UniCredit Triac Bank
Hungary
K+H Bank
Slovakia
Bulgaria
CI Bank
Slovenia
Bank Koper
USA
PNC, US Bank Silicon Valley Bank
Canada
RBC
Mexico
Santander Mexico
Brazil
Santander Brasil
Chile
Santander Chile
Slide 10

11. Questions?
Slide 11

12. Contact Us – The Relationship Management Team
Stephen Masterson
Head of International Relationship Banking
Tel:
Mobile:
Lisa Taggart
Relationship Director, Corporate & Institutional Banking
Tel:
Mobile:
Yvonne Kennedy
Relationship Manager, Corporate & Institutional Banking
Tel:
Mobile:
Darren Brennan
Relationship Manager, Corporate & Institutional Banking
Tel:
Mobile:
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