RTE: NIB To Close Almost Half of Branches

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NIB to cut 150 jobs, close 25 branches

http://www.rte.ie/business/2009/1207/nib.html

National Irish Bank has annouced it is to shed 150 jobs and shut down almost half of its branch network as part of a major cost-cutting exercise. National Irish Bank's Chief Executive Andrew Healy said the banking sector in Ireland was on life support

The rationalisation of the Irish banking sector continues.

 

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I feel the two main banks will in time also conduct a similar exercise

 

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AIB have already indicated last week that there will be cuts.