NIB staff accept restructuring plan

Staff at National Irish Bank have accepted a restructuring plan after an improved deal was secured.

Staff at National Irish Bank have accepted a restructuring plan after an improved deal was secured.

NIB - which is owned by Danish bank Danske - is to close 25 branches by next spring with the loss of 150 jobs.

The Irish Bank Officials Association has said the severance terms are to be increased with all the redundancies implemented on a voluntary basis.

NIB has also given a guarantee of job security for all remaining staff in its reduced network up to the end of 2012.

More in this section

Lunchtime News Wrap

A lunchtime summary of content highlights on the Irish Examiner website. Delivered at 1pm each day.

Sign up
Revoiced
Newsletter

Our Covid-free newsletter brings together some of the best bits from irishexaminer.com, as chosen by our editor, direct to your inbox every Monday.

Sign up