Bank of Ireland plans to close eight branches in Northern Ireland

This will make more than 50 people redundant...

Bank of Ireland plans to close eight branches in Northern Ireland

Photocall file photo

Bank of Ireland has announced that it will close eight outlets in Northern Ireland during 2016 - this is expected to result in the loss of more than 50 jobs.

The bank will still maintain a strong presence in Northern Ireland with 28 branches remaining open.

Bank of Ireland says that the level of activities in these outlets was "insufficient to sustain them in the long term."

The affected branches are located in Castlereagh, Draperstown, Antrim, Belleek, Castlederg, Newtownards, Maghera, and Donegall Square South in Belfast - they will be phased-out beginning in the autumn.

"We are responding to the continuing shift in customer behaviour towards increased use of digital and online channels, and the changes announced today will put us in the best position to continue to support our customers’ changing needs and grow our business in the future," the bank said.

Staff at these branches will be offered transfers or invited to apply for voluntary redundancy.

The Financial Services Union has said that this move is, "not only regrettable, but irresponsible given the impact it will have on customers and staff."