Seven Ulster Bank Branches In Cork Could Be At Risk Of Closure
The Bank's UK parent Company Natwest is said to be considering closing all 88 branches in the Republic, which could result in the loss of 2,500 jobs.
The Irish Times reports the bank, which has not commented on the report, made a €276 million loss for the first half of the year, compared to €26 million profit for the same time last year.
A merger with another bank is also said to be an option, however it's seen as an unlikely outcome.
Winding down Ulster Banks Irish operations could take up to six years.
More from Cork
Man (20s) in Cork Charged In Connection With Aggravated Burglary
He's to appear at Cork District Court at a later date.
Thousands Sign Petition Calling For Seal To Be Lifted On Archive Containing Records On Mother & Baby Homes
Over 50,000 people have signed the petition
Department of Education Asks Parents In Ballincollig To Express Their Preferred Patron For New School
The survey will run until 9am on November 16th
Man Arrested By Gardai After Child Discovered Driving Mini-Scrambler Unsafely In Public Green In Cork
The man has since been released to appear in court at a later date
The Top Four Things You Need To Know Now
The main stories making the headlines across Cork
An 18 year old has been airlifted to hospital following a crash in West Cork earlier
Emergency services responded to the crash on the N71 - that's the main Ballydehob to Schull Road at 1.20pm