Business Irish

Saturday 23 August 2014

National Irish Bank melts into cyberspace as branches shut

Charlie Weston

Published 15/11/2012 | 05:00

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THE shutters have come down on 27 retail branches of National Irish Bank, in a move that brings to an end the NIB brand in this country.

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From Monday, the bank will be re-named Danske Bank. Online accounts have already been changed to reflect the new name.

The bank can trace its roots on this island back to 1809, and has been known as National Irish Bank in the Republic since 1987.

The closure of the 27 branches was greeted with tears by around 100 staff who are losing their jobs, banking sources said.

A spokesman for the bank said all its NIB signs will be removed over the weekend.

The branches are being replaced with nine advisory centres in Waterford, Athlone, Cork, Limerick, Letterkenny and four across Dublin.

Customers will now have to use An Post offices, telephone banking, go online to do their banking or drop into one of the new advisory centres. Customers can use the post office to make cash and cheque lodgements at offices nationwide six days a week.

The bank has denied that the closures are part of a plan to close down its operations in Ireland – but it is changing its name to Danske Bank.

It said customers would be able to contact its personal banking advisers by phone between 8am and 8pm each weekday. A smartphone app will be launched on Monday.

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