AIB to close 15 branches following strategic review

Bank blames shift towards digital banking and competition from non-traditional lenders

AIB said there will be no compulsory redundancies of staff. file Pic: Larry Cummins

AIB said it is to amalgamate 15 of its branches this autumn following the completion of a strategic review of its network.

The bank said the majority of the amalgamations are in urban and suburban locations, mostly in Dublin and Cork and that the average distance to a receiving branch is 2.2km.

The changes will begin in September and be completed by mid-December.

One of the branch closures is North Main Street in Cork.

Six of the branch closures are in Cork, Six in Dublin and one each in Limerick, Galway and Athlone.

AIB blamed the continuing shift to digital banking, accelerated by the pandemic, and said it was a necessary step at a time of negative interest rates and competition from non-traditional lenders.

AIB said there will be no compulsory redundancies of staff as a result of the branch closures.

The closing branches are listed below:

Amalgamating Branch	Date	Accounts Moving to
College Road, Cork	24-Sep-2021	Western Road
Donnybrook, Dublin	24-Sep-2021	Ranelagh
Blackrock Road, Cork	24-Sep-2021	66 South Mall
Sutton, Dublin	01-Oct-2021	Raheny
Little Island, Cork	08-Oct-2021	Midleton
Sandyford, Dublin	15-Oct-2021	Stillorgan
North Main Street, Cork	22-Oct-2021	66 South Mall
Skerries, Dublin	29-Oct-2021	Balbriggan
Ennis Road, Limerick	05-Nov-2021	106 O’Connell Street
Douglas Court, Cork	12-Nov-2021	Douglas Road
Golden Island	19-Nov-2021	Athlone
Ballyphehane, Cork	26-Nov-2021	66 South Mall
Dalkey, Dublin	03-Dec-2021	Dun Laoghaire
37/38 O’Connell Street, Dublin	03-Dec-2021	Capel Street
Newcastle Road, Galway	10-Dec-2021	Lynch’s Castle