Ulster Bank to close eleven branches across Northern Ireland

By David Hunter

Ulster Bank has announced it's closing 11 branches in Northern Ireland next year - with the loss of around 40 jobs. 

It says it's down to the increasing demand for online banking, and will take effect from May and June 2018.

The bank says it want's staff cuts to be managed on a voluntary basis.

Sean Murphy, Managing Director, said: “Ulster Bank will close 11 branches in Northern Ireland in May and June 2018. 

"Banking has changed radically in recent years. More and more of our customers are using digital technology and fewer are using our branch network. 

"While we continue to keep our network under review in response to changing customer demand, we still have Northern Ireland’s largest bank branch network.
 
“As a result of this process, we will be seeking a reduction of 40 roles and we remain committed to managing this on a voluntary basis."

The company also announced plans to increase it's bank on wheels service, which is used in rural areas. 

The branches affected are Ballyclare, Dromore, Moira, Draperstown, Dungiven, Portrush, Killyleagh, Rathfriland, Castlederg, Irvinestown and Stewartstown.