| 12.2°C Belfast

Close

Premium


While not unexpected, loss of 15 Bank of Ireland's Northern Ireland branches still a huge blow

Margaret Canning


Close

Bank of Ireland has announced that it is to shut 103 branches permanently across the island of Ireland later this year (Brian Lawless/PA)

Bank of Ireland has announced that it is to shut 103 branches permanently across the island of Ireland later this year (Brian Lawless/PA)

Bank of Ireland has announced that it is to shut 103 branches permanently across the island of Ireland later this year (Brian Lawless/PA)

The closure of branches by Bank of Ireland had been well signposted by the lender but is no less disappointing for employees and its personal and business customers — especially those who haven’t adapted to banking online.

In the medium to longer-term, the closures of 15 of its 28 NI branches will harm the areas where they were located unless we have a miraculous revival in retail.

By shutting slightly more than half, it’s a bigger cut than the First Trust move to close 15 of its 30 branches a few years back.


Privacy