Menu
10/07/2009
Northern Shuts Down Further Branches
A local bank is to double the number of its branch closures inside a year.
The Northern Bank is shutting a further five branches in Northern Ireland in the next few months.
Three of the doomed branches are in Belfast - located at Ballyhackamore, Castlereagh Road and Boucher Road - and two in rural areas - Garvagh and Aughnacloy.
They will all shut in September in a move that increases the numbers to ten inside just one year - coming on top of five other branch closures last year.
However, the Northern said there would be no job losses as a result of the latest round of closures.
It also insisted customers will still be well served with 83 branches of the Northern remaining open throughout Northern Ireland.
A statement from the Danish-owned bank said it does not represent a retreat from traditional high street banking.
Instead, it said that the industry was rapidly changing and customers expected many alternative services such as telephone and e-banking.
Running since the early part of the 19th Century, the bank was then acquired by the Danske Bank Group in 2005, the largest bank in Denmark and a major player in Scandinavian financial markets.
(BMcC/JM)
The Northern Bank is shutting a further five branches in Northern Ireland in the next few months.
Three of the doomed branches are in Belfast - located at Ballyhackamore, Castlereagh Road and Boucher Road - and two in rural areas - Garvagh and Aughnacloy.
They will all shut in September in a move that increases the numbers to ten inside just one year - coming on top of five other branch closures last year.
However, the Northern said there would be no job losses as a result of the latest round of closures.
It also insisted customers will still be well served with 83 branches of the Northern remaining open throughout Northern Ireland.
A statement from the Danish-owned bank said it does not represent a retreat from traditional high street banking.
Instead, it said that the industry was rapidly changing and customers expected many alternative services such as telephone and e-banking.
Running since the early part of the 19th Century, the bank was then acquired by the Danske Bank Group in 2005, the largest bank in Denmark and a major player in Scandinavian financial markets.
(BMcC/JM)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
08 November 2002
Northern Bank posts record annual results
The annual results from the Northern Bank have revealed pre-tax profits of £111m up 13% on the previous corresponding year-end figures. The results include a £19.9m profit in relation to the disposal of subsidiary company Northern Bank Insurance Services to Wealth Management Europe Holdings another subsidiary of National Australia Bank.
Northern Bank posts record annual results
The annual results from the Northern Bank have revealed pre-tax profits of £111m up 13% on the previous corresponding year-end figures. The results include a £19.9m profit in relation to the disposal of subsidiary company Northern Bank Insurance Services to Wealth Management Europe Holdings another subsidiary of National Australia Bank.
27 August 2010
'Economy Improving' Says Bank, Despite Downgrade
Ulster Bank has announced that improving exports and more consumer spending has led to an improving economy, despite yesterday's downgrading of Ireland's credit rating. Ulster Bank said today it was revising its forecasts for Irish economic growth in 2010 upwards, predicts average annual GDP growth of 1%, up from -0.5% previously.
'Economy Improving' Says Bank, Despite Downgrade
Ulster Bank has announced that improving exports and more consumer spending has led to an improving economy, despite yesterday's downgrading of Ireland's credit rating. Ulster Bank said today it was revising its forecasts for Irish economic growth in 2010 upwards, predicts average annual GDP growth of 1%, up from -0.5% previously.
20 December 2010
Northern Bank 'Sets Scene' For Lyric
The Lyric Theatre has announced a major funding boost as details of a five-year partnership with Northern Bank were revealed at an exclusive behind-the-scenes visit to the new theatre. Building work is nearing completion and the Lyric will reopen its doors on Sunday 1 May 2011 with a gala performance on the newly named Northern Bank Stage.
Northern Bank 'Sets Scene' For Lyric
The Lyric Theatre has announced a major funding boost as details of a five-year partnership with Northern Bank were revealed at an exclusive behind-the-scenes visit to the new theatre. Building work is nearing completion and the Lyric will reopen its doors on Sunday 1 May 2011 with a gala performance on the newly named Northern Bank Stage.
20 July 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.
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.
21 November 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.
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.
-
Northern Ireland WeatherThis Evening and Tonight:It will be cloudy with a spell of heavy rain pushing south through late evening and the early hours, soon followed by some clear spells. Minimum temperature 6 °C.
