20/07/2016

Bank Of Ireland To Close Eight NI Branches

Concerns have been raised after the Bank of Ireland confirmed it is to close eight of its branches in Northern Ireland with the loss of 54 jobs.

The branches to close are in Antrim, Castlereagh, Draperstown, Belleek, Castlederg, Newtownards, Maghera and Donegall Square South, Belfast.

Alliance MLA Kellie Armstrong said the announcement is "worrying".

She said: "The issue of branch closures has affected many of banks in the past, but rather than assuming everyone will switch to online use we must look at other innovative solutions to providing services for customers.

"Bank of Ireland must listen to their customers as we cannot allow them - particularly those in rural areas - to be left feeling isolated from banking services. While the closures have been put down to an increase in online banking, for many this isn't an available option - and neither is travelling long distances to access branch facilities.

"With staff either being redeployed, transferred or able to apply for voluntary redundancy, either way it means a loss of jobs for many local areas."

(CD)

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