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:
Clip 1
Final cruise ship of the season visits Manx shores
'Another great year' for trade says Cruise Isle of Man
Debate to consider 'The Rise of the AI Tide'
Creatives to host conversation about artificial intelligence
Zero tolerance approach to abuse and assault on Bus Vannin services
Bus operator calls for passengers to respect its drivers
Number of students studying Manx after leaving Bunscoill 'continuing to grow'
Manx language primary school recently celebrated 25th anniversary
