AIB to close two branches in Kilkenny

AIB has announced its decision to close two bank branches in Kilkenny.

AIB has announced its decision to close two bank branches in Kilkenny.

The AIB bank in Thomastown will close by the end of this year, with the Urlingford branch to follow suit in early 2013. AIB has said that staff affected by the closures will be transferred to the branch on High Street in Kilkenny City.

In a statement released this morning, the bank confirmed the closure of 45 sub-offices nationwide, with six branch amalgamations in the autumn, and a further 16 branch closures in 2013. The closures are part of a review of the bank’s operations as part of the wider transformation and cost reduction programme.

“Staff are going to be redeployed as part of the restructuring,” said a spokesperson for AIB.

“We have around 346 people working in the affected branches. Not all of them are full-time members of staff.”

In its results for the first six months of the year, published today, the state-owned bank posted an operating loss of €1.1 billion. This represents a 64% reduction on the figure for the same period last year.