Bank will not be ‘deserting’ rural towns despite merger

THE regional manager of Bank of Ireland says the bank has no plans to close any of its rural branches in County Limerick.

THE regional manager of Bank of Ireland says the bank has no plans to close any of its rural branches in County Limerick.

Gerry Reeves was speaking this week after the bank announced it is to merge its two branches at O’Connell Street in the city centre early next year.

The bank, which is partially owned by the state, says some of its staff at 94 O’Connell Street will transfer to 125 O’Connell Street, once it ceases to operate as a customer service branch in February.

It says the merger of the two branches will enable it “to serve our customers better with a more focused approach with better equipped and better resourced branches delivering superior customer service”.

Mr Reeves insists Bank of Ireland has no plans to follow the example of other banks, such as AIB, who have closed rural branches in recent weeks and months.

He says Bank of Ireland will not be closing any of it rural branches in towns and villages across Limerick.

“Our chief executive, Richie Boucher has given a commitment that Bank of Ireland will retain its footprint throughout the country so we do not intend to desert any town or village that we are currently in, we have no plans to pull out of other towns in Limerick,” he said.

“We have a stated ambition to be Ireland’s number one bank and we believe that the branch banking is the cornerstone of the bank strategy,” he added.

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