ALLIED Irish Banks, the country’s biggest lender, is expected to announce 2,500 job losses as early as this week.
The figure is 25pc higher than signalled in April and it is understood that some of the losses will hit building society EBS which merged with the bank in July.
According to Bloomberg news, the losses are imminent.
A spokesman for the Department of Finance would not comment on the losses today.
AIB has been selling off assets and the State owns over 99pc of the bank.