AIB quits Jersey and Isle of Man

One-hundred and seventy people across the Isle of Man and Jersey face an uncertain future on the back of AIB’s decision to cease its operations on the islands.

The bank has announced that it is pulling out of Jersey and Isle of Man after at least 30 years operating in the two island nations.

A statement from the bank said: “The decision to wind-down the business by the end of next year is part of an ongoing strategic review being undertaken by AIB. It forms part of the overall plan to become a smaller, domestically-focused bank. A consultation period with staff will begin immediately.”