4-Mar-14
Ulster Bank staff are expected to hold 15 meetings around the country to discuss concerns about further job cuts and closure of bank branches.
The bank now has 5,800 employees, they are the future plans of the bank's concern at the uncertainty. Thousands of customers have been concerned about the bank's outlook for the bank, according to the Bank of Ireland Officers Association (IBOA).
Ulster Bank, which is by the Royal Bank of Scotland (RBS) subsidiary, announced its commitment to the Irish market, but noted that it will exist in the smaller markets.
Bank did not disclose the number of jobs likely to be cut in the country in the number of branches in the country are closed. There are indications that the bank may be prepared to accept a merger or alliance with a third party investor for companies operating in Ireland. The bank may be looking into a deal with KBC, Danske Bank or permanent TSB.
IBOA said members of the organization held in the Republic of Ireland and Northern Ireland in the 15th meeting of the Ulster Bank in the next few weeks.
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