Menu
07/10/2016
AIB Confirms Job Losses
AIB has confirmed there will be a number of job losses across its retail and business banking network.
The bank said it will be on a voluntary basis and no more than 150 jobs will be lost.
Billy Barrett, Senior Industrial Relations Officer with the Financial Services Union (FSU), said: "While the redundancies are being carried out under agreed terms, the FSU is concerned about the future structure of AIB and the impact on staffing levels across the network.
"We have sought assurances from the Bank that the current round of redundancies will not add to the already increased workload and stress on members in AIB."
(CD/JP)
The bank said it will be on a voluntary basis and no more than 150 jobs will be lost.
Billy Barrett, Senior Industrial Relations Officer with the Financial Services Union (FSU), said: "While the redundancies are being carried out under agreed terms, the FSU is concerned about the future structure of AIB and the impact on staffing levels across the network.
"We have sought assurances from the Bank that the current round of redundancies will not add to the already increased workload and stress on members in AIB."
(CD/JP)
Related Irish News Stories
Click here for the latest headlines.
15 April 2011
Ireland 'Overcoming The Worst'
The International Monetary Fund (IMF) visiting Dublin for the first quarterly review of the government’s economic program have said Ireland is making "good progress in overcoming the worst economic crisis in its recent history".
Ireland 'Overcoming The Worst'
The International Monetary Fund (IMF) visiting Dublin for the first quarterly review of the government’s economic program have said Ireland is making "good progress in overcoming the worst economic crisis in its recent history".
21 March 2012
AIB Tightens Conditions For Free Banking
AIB bank has announced changes to its free banking service. From May 28 customers must keep their balance above €2,500 for a full quarter in order to avoid maintenance and transaction fees.
AIB Tightens Conditions For Free Banking
AIB bank has announced changes to its free banking service. From May 28 customers must keep their balance above €2,500 for a full quarter in order to avoid maintenance and transaction fees.
22 April 2010
Cowen Supports Fingleton Bonus Recovery
Taoiseach Brian Cowen has given his support to the recovery of the €1 million bonus paid to the former Irish Nationwide boss Michael Fingleton. Speaking in the Daíl, Mr Cowen again defended his handling of financial regulation, saying everything that could be done would be done to recover the highly controversial €1m bonus.
Cowen Supports Fingleton Bonus Recovery
Taoiseach Brian Cowen has given his support to the recovery of the €1 million bonus paid to the former Irish Nationwide boss Michael Fingleton. Speaking in the Daíl, Mr Cowen again defended his handling of financial regulation, saying everything that could be done would be done to recover the highly controversial €1m bonus.
08 July 2008
€3 billion Lost On Irish Shares
Exacerbating ongoing economic problems, the main Irish banking stocks have fallen between 8-10% in the first hour of Tuesday's trading, knocking almost €3 billion off the value of Irish shares. The Bank of Ireland is reported to have taken the biggest hit, seeing its shares plunge through the €5 mark to €4.55, a drop of over 10%.
€3 billion Lost On Irish Shares
Exacerbating ongoing economic problems, the main Irish banking stocks have fallen between 8-10% in the first hour of Tuesday's trading, knocking almost €3 billion off the value of Irish shares. The Bank of Ireland is reported to have taken the biggest hit, seeing its shares plunge through the €5 mark to €4.55, a drop of over 10%.
26 October 2012
44 AIB Regional Branches Close
44 town and village branches of AIB will close across the country today. The closures are part of a major rationalisation of branches within the group, which will see the loss of 67 branches by next year.
44 AIB Regional Branches Close
44 town and village branches of AIB will close across the country today. The closures are part of a major rationalisation of branches within the group, which will see the loss of 67 branches by next year.
-
Ireland WeatherToday:Gale, coastal severe gale, northwest winds ease from late afternoon. Scattered showers will fall as snow over the hills at first, becoming isolated from mid-afternoon. Maximum temperature 7 °C.Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Cloud will spread east towards morning. Minimum temperature 2 °C.
