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who are Ulster Bank related to (ref to rates cut)

My mortgage is with Ulster Bank and my query is who is their parent bank?
I thought it was NAT West or BS but these have cut their mortgage rates and Ulster Bank NI has not. Anyone enlighten me?

Comments

  • Noz
    Noz Posts: 3,869 Forumite
    Part of the Furniture Combo Breaker
    Royal Bank of Scotland
  • rover25
    rover25 Posts: 387 Forumite
    Am I right in thinking they announced rates cut yesterday. Does this mean Ulster Bank NI makes those cuts too?
  • Noz
    Noz Posts: 3,869 Forumite
    Part of the Furniture Combo Breaker
    rover25 wrote: »
    Am I right in thinking they announced rates cut yesterday. Does this mean Ulster Bank NI makes those cuts too?
    I wouldn't think that there is a direct link. They are separate banks in the same group, it makes it more likely but not guaranteed.
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