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Ulster boost

Ulster Bank is believed to have received a further capital injection from parent company, Royal Bank of Scotland (RBS).

To date the two British banks based in Irish retail banking, RBS and Lloyds, have invested in excess of €6bn. The banks have injected a proportionately higher amount of capital into their Irish units than the Government has in the State's two main banks, even though the Irish banks have far more loans in their home market.

Ulster Bank is believed to have received a pre-Christmas injection of more than the €175m invested in November to boost its capital levels.