100 jobs to be lost as NIB closes

National Irish Bank is to close its network of 27 branches with the loss of at least 100 jobs, in a response to what the company described as the radically changed Irish banking environment.

NIB yesterday said that, from November, it will close its branch network and serve customers through a new personal banking centre. The bank said nine locations will be converted to personal banking units where customers can, by appointment, meet financial advisors face-to-face in Waterford, Athlone, Cork, Limerick, Letterkenny, and across Dublin in the IFSC, Tallaght, Swords, and Stillorgan.

“To support and facilitate this change, the bank’s new personal banking centre will be open seven days a week from September 2012, with extended opening hours of 8am to 8pm Monday to Friday and 9am to 4.30pm on Saturday and Sunday,” said a bank spokesperson.