Bank of Ireland has announced it’s closing its branch on the Isle of Man.
The office, at the bottom end of Christian Road in Douglas, will shut by the end of August next year as the group winds down its Island subsidiary.
In an announcement on its website, Bank of Ireland offshore says it’s no longer accepting any new deposits or customers.
It’s unclear how many jobs may be lost, but the firm says it’s consulting with staff.
Treasury Minister Eddie Teare says the move wasn't unexpected:
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"He enjoyed hearing the Manx national anthem!": King greets guests at Government House
His Majesty meets representatives of the Manx community at Garden Party
Crowds gathered in glorious sunshine to see the Monarch
Live blog: King Charles visits the Isle of Man
Updates from the Lord of Mann's first visit to the Island since ascending to the throne
King speaks of Island's 'enduring partnership' with the crown
King Charles III spoke in Tynwald this lunchtime
