Bloomberg: AIB to close branches in tie-up with An Post
http://www.businesspost.ie/#!story/...+Post/id/19410615-5218-4ff6-d93d-d83df6945703
Another step in the slow death of bricks-and-mortar retail banking.
http://www.businesspost.ie/#!story/...+Post/id/19410615-5218-4ff6-d93d-d83df6945703
AIB will close branches in Ireland as it bolsters a strategic tie-up with An Post.
“AIB and An Post have now agreed to work together to extend the banking services available to customers in selected post offices,” according to a strategy document seen by Bloomberg News, and confirmed by an AIB spokeswoman.
“This means that the number of branches will reduce as part of the move to lower costs.”
Another step in the slow death of bricks-and-mortar retail banking.