Belfast Telegraph

Branches identified for closure in Ulster Bank cuts

By Clare Weir

Ulster Bank has identified the 11 branches and sub offices which are due to close in Northern Ireland by this summer.

Earlier this month it was announced that 20 branches and sub offices would close across both sides of the border in 2013.

There are 146 branches of Ulster Bank in the Republic of Ireland and 90 in Northern Ireland.

The closures are part of the ongoing rationalisation plans announced last January, when staff were told that a total of 950 jobs were set to go, 350 of those in Northern Ireland.

The bank said there would be no additional job losses as a result of the latest announcement.

Now Ulster Bank has said that the Jordanstown branch will close with accounts transferring to Carrickfergus, the Longstone Street branch will close with accounts transferring to Lisburn, the Knock branch will close and accounts will be transferring to Connswater, the Shaftesbury Square branch will close with accounts transferring to University Road, the Harryville branch will close with accounts transferring to Ballymena, the Carryduff branch will close with accounts transferring to Ormeau Road and the Dromore (County Tyrone) branch will close with accounts transferring to Omagh.

Sub offices in Roslea, Saintfield, Ardglass and Moy will also shut.

The closures are expected to be completed by June.

Another 11 branches will close in the Republic of Ireland, including Belturbet, Castlepollard, Glenamaddy, Killeshandra and Kilnaleck in counties Cavan, Galway and Westmeath.

Ulster Bank, the third-largest bank in Ireland, is owned by Royal Bank of Scotland, which is owned by the taxpayer after a bailout.

In the first nine months of 2011 the bank wrote off more than £1bn in bad loans, mainly related to property and has faced criticism for its handling of last year's month-long IT glitch which prevented clients accessing their accounts, and the subsequent compensation scheme for those affected.

350

The number of jobs that will be affected in Northern Ireland

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