Belfast Telegraph

Wednesday 1 July 2015

Bank set to close six branches

Published 20/02/2013 | 12:26

First Trust Bank has been criticised for telling small business customers they must open an account with them in order to obtain a business loan
First Trust Bank has been criticised for telling small business customers they must open an account with them in order to obtain a business loan

First Trust Bank has confirmed that it will close six branches in Northern Ireland by June.

Staff at the branches are to be offered other positions or voluntary severance. There will be no forced redundancies, according to the bank.

Branches at Belfast's Cregagh Road, Ballyclare and Limavady are due to close in May followed by Larne, Holywood and Fortwilliam, also Belfast.

The bank said there would be no changes to account numbers or sort codes and customers affected by the closures will be transferred to the nearest branch.

First Trust managing director Gerry McGinn said: "It is never an easy decision to close branches and our focus is on minimising inconvenience to our customers and continuing to provide them with a professional, efficient banking service.

"Like all retail businesses, we must constantly review our costs in order to move forward as a more streamlined and sustainable organisation."

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