Mr McCarthy said the results continue to be reflective of difficult market conditions, but said that the company remains in a healthy state overall. "We’ve taken significant steps to adapt to the environment in which we operate and our underlying business remains solid. We continue to do good business and remain committed to supporting our 1.9m customers. Following this week’s announcement regarding the state aid measures agreed with the European Commission, Ulster Bank remains a core part of the Royal Bank of Scotland Group" he added. There was some good news, however. Full Article at Irish Examiner