AIB Closing Branches

Ulster Bank customers thinking of switching to AIB might be interested in this news:

Allied Irish Bank has said that it plans to close a number of branches following a new deal with An Post to extend banking services into post offices .

AIB will also use more mobile banks and will also open a few new branches.

AIB is also reducing its workforce by at least 2,500  and is cutting pay by up to 15 per cent .

The bank has to reduce  costs  to return the bank to profitability by 2014