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One Of Ireland’s Biggest Banks To Cease Operations Here In May

Published 14:17 21 Feb 2018 GMT

Darragh Berry
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RTÉ is reporting that the online savings bank, RaboDirect, will cease its operations in Ireland. 

It will close on May 16 and as a result will see 31 people lose their jobs in the company. 

RaboDirect Ireland set up here in 2005 and has over 90,000 customers in Ireland with over €3 billion on deposit. 

They announced the news on their website and told customers that they "should close [their] RaboDirect Account(s) and transfer [their] funds to another bank prior to 16th May 2018."

You can find more information on the closing of the company along with extra customer information and frequently asked questions here. 

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