21/11/2014

Ulster Bank To Close Ten More Branches

Ulster Bank has announced that it is to close a further 10 branches across Northern Ireland.

It follows news earlier in the month when the bank's chief executive in NI, said that more branch closures were "inevitable".

The move has been blamed on changing customer behaviour, such as more people banking online.

It is understood that the branch closures will not require compulsory staff redundancies, but will likely result in some agency staff losing their jobs.

Ulster Bank currently has 74 branches.

(MH/JP)

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