Bank of Ireland to close over 100 branches

The announcement was confirmed this morning with a full list of closures to be published once staff have been informed. Picture: Denis Minihane.
Bank of Ireland unveiled plans to close over 100 branches across Ireland, marking a major shrinkage of its network and another sign of the troubles facing the Irish banking industry.
It comes as Bank of Ireland disclosed an underlying loss of €374m for 2020 that reflects the large losses it made on impaired loans during the Covid financial crisis, although the lender said it had returned to profitability in the second half of the year.