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03/01/2013
Ulster Bank To Close 20 Branches
Ulster Bank is to close "in the region" of 20 branches in Ireland this year.
The bank said more details on the closures would be provided to customers and employees within the next few weeks.
The Irish Bank Officials' Association learned of the closures during a staff conference call last week.
It said it would be meeting next week to discuss the implications of the closures.
Ulster Bank currently has 146 branches in the Republic of Ireland and 90 in Northern Ireland.
IBOA general secretary Larry Broderick said: "I'm shocked that an announcement like this was made during a teleconference with no prior consultation with our union.
"In light of this, the bank has agreed to meet us next week,'' he added.
Ulster Bank is owned by the Royal Bank of Scotland, which has injected £10.8bn into the bank since 2008.
(IT/GK)
The bank said more details on the closures would be provided to customers and employees within the next few weeks.
The Irish Bank Officials' Association learned of the closures during a staff conference call last week.
It said it would be meeting next week to discuss the implications of the closures.
Ulster Bank currently has 146 branches in the Republic of Ireland and 90 in Northern Ireland.
IBOA general secretary Larry Broderick said: "I'm shocked that an announcement like this was made during a teleconference with no prior consultation with our union.
"In light of this, the bank has agreed to meet us next week,'' he added.
Ulster Bank is owned by the Royal Bank of Scotland, which has injected £10.8bn into the bank since 2008.
(IT/GK)
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