As part of these changes, which are due to be completed by mid-2020, the Danesfort building will then be sold.
Mark Crimmins, head of Ulster Bank in Northern Ireland, said that the move represents an important investment for the bank that will create a contemporary and vibrant working space for its team.
He continued: “The investment we are making will allow us to better utilise spare capacity at our headquarters building, bring our teams together in one place to encourage partnership, and to significantly upgrade facilities for our employees. This will allow us to provide our team members with a highly-modern, collaborative environment in which to work.”