   ulster bank is a large commercial bank, and one of the traditional big four irish banks. the ulster bank group is subdivided into two separate legal entities, ulster bank limited (ubl â registered in northern ireland) and ulster bank ireland limited (ubil â registered in the republic of ireland). the group's headquarters (and ubil's) is located in george's quay, dublin in the republic of ireland whilst the official headquarters of ubl is in donegal square east, belfast, in northern ireland, and it maintains a large sector of the financial services in both the uk and ireland. established in 1836, ulster bank was acquired by the westminster bank in 1917. as a subsidiary of national westminster bank, it became part of the royal bank of scotland group in 2000.annual report and accounts national westminster bank, 31 december 2010 it has 146 branches in the republic of ireland and 90 in northern ireland with over 1,200 non-charging atms. the group has over 3,000 employees and over 1.9&nbsp;million clients. ==history==  thumb|ulster bank headquarters, dublin thumb|ulster bank premises, the quays, waterford, ireland. 1928. ===note destruction=== in 2002 three ulster bank employees were arrested on charges of theft and money laundering. the three were responsible for the destruction of old banknotes at the bank's former waring street cash centre. between november 2001 and february 2002 they were accused of stealing approximately Â£900,000 of used banknotes designated for disposal. the money was then placed in various bank and building society accounts.{{cite news |title=three remanded over bank theft |publisher=bbc news |date=23 february 2002 |url=http://news.bbc.co.uk/1/hi/northern_
1836_establishments_in_Ireland Banknote_issuers_of_Northern_Ireland Banks_established_in_1836 Banks_of_Ireland Banks_of_Northern_Ireland Royal_Bank_of_Scotland_Group