News

Local Bank of Ireland closures to hit older people hardest

Oct 8, 2021 13:10 By News Northern Sound
Local Bank of Ireland closures to hit older people hardest Local Bank of Ireland closures to hit older people hardest
Share this article

The closures were announced back in March but come into effect at the end of business today.

The doors of five Bank of Ireland branches in Cavan and Monaghan will close for the final time later today.

In Cavan these are Kingscourt, Cootehill and Arva, while Castleblayney and Clones are to shut in Monaghan.

The closures were announced back in March but come into effect at the end of business today.

Advertisement

Bank of Ireland says the 88 branches which are closing in the Republic today have seen a 60 per cent reduction in footfall since 2017.

Eamon McCaughey is a businessman located across from the Bank of Ireland in Clones, and beside the former Ulster Bank building, which closed in 2015.

He says the older generation in the town will be worst hit.

Advertisement

Share this article
Advertisement
Advertisement

NorthernSound Newsletter

Sign up now to keep up to date with the latest news.

Processing your request...

You are subscribed now! please check your email to confirm your subscription.