Internal restructuring
European Union
Location of affected unit(s)
Northen Ireland (UK), Republic of Ireland
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64 - Financial service activities, except insurance and pension funding

750 jobs
Number of planned job losses
Job loss
Announcement Date
26 January 2009
Employment effect (start)
Foreseen end date


Ulster Bank, part of Royal Bank of Scotland, has announced that it is to cutĀ 200 jobs in Northern Ireland and another 550 in the Republic of Ireland. According to the bank, the lay-offs will beĀ achieved on a voluntary basis. The Ulster Bank has 145 branches in the Republic and 92 in Northern Ireland. The redundancies are part of a move by Ulster Bank Group to merge its specialist mortgage and investment arm, First Active, with Ulster Bank.


  • 26 January 2009: BBC Website


Eurofound (2009), Ulster Bank, Internal restructuring in European Union, factsheet number 69419, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69419.