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Bank refuses to disclose branch closures

The Ulster Bank branch in Glengormley. The bank has refused to disclose which branches will be closed in a review of its network. INNT 02-007-FP

The Ulster Bank branch in Glengormley. The bank has refused to disclose which branches will be closed in a review of its network. INNT 02-007-FP

The Ulster Bank has refused to disclose if Newtownabbey branches will be closed this year as part of a review of its 
branch network.

The bank has announced it is to close 20 of its 236 branches across the island of Ireland.

It’s not known how many branches in Northern Ireland will be affected, however, it’s likely the majority of closures will take place in the Republic.

Of the 90 branches in Northern Ireland, five are in Newtownabbey at Ballyclare, Glengormley, Jordanstown, Monkstown and Rathcoole.

A spokeswoman for the bank said its network was “under review to ensure it was operating in the correct locations”.

Banking unions have said they are aware of the bank’s plans and are meeting with management to discuss the closures.

It’s believed the bank was forced to review its plans following the huge computer problem which affected many of its customers last year.

The bank has had to set aside around £80million to compensate those customers affected by the IT failure.

The closures announcement comes on the back of an announcement made last year that the bank is to cut 950 staff from across its operation on the whole of Ireland.

In a statement the bank said: “As previously stated we continue to keep our branch network under review to ensure that we are operating in the correct locations for our customers.

“As part of this review we will be closing in the region of 20 branches and sub offices on the island of Ireland in 2013. We expect to be in a position to provide further details in the next few weeks and will communicate directly with our customers and employees at 
that time.”

 
 
 

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