AIB to invest €40m in branch network revamp

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AIB said it plans to invest €40m in its branch network by the end of next year in a range of upgrades to some of its branches and ATMs.

The bank has the largest branch network in Ireland and employs 10,000 people throughout the country.

The 35 branches which are to be refurbished by the end of 2025 on a phased basis include Clifden, Dunmanway, Ennistymon, Killarney, Killorglin, Letterkenny, Millstreet, Tallaght, Tubbercurry and Tullow as phase one of the bank’s investment.

Phase Two will include Abbeyfeale, Athy, Ballinamore, Ballinrobe, Buncrana, Cahir, Cahirciveen, Carndonagh, Carrick-on-Suir, Cashel, Castleblayney, Castletownbere, Cobh, Dundrum Town Centre, Dingle, Edenderry, Kenmare, Killaloe, Killybegs, Kilmallock, Lismore, Rathdowney, Spiddal, Western Road (Cork) and Youghal.

AIB said the investment demonstrates its commitment to maintaining its branch network and cash services, supporting the aims of the Government’s recently published National Payments Strategy.

It also said the investment will reduce its operational carbon emissions by a further 10%, and with its certified renewable electricity from two solar farms in Wexford, will help support its strategy to be net zero across Scope 1 and 2 emissions by 2030.

AIB’s Managing Director of Retail Banking Geraldine Casey said that while the vast majority of its customers manage their day to day finances, when they want and where they want digitally, AIB recognises that they also value the face to face service provided in branches, particularly when it comes to important financial decisions and support.

“Our branches will be places where all our customers are comfortable discussing their finances with us in a welcoming environment. That’s why we’re investing €40m to upgrade these locations and supporting AIB’s strategy to further lower our carbon emissions,” she said.

“We remain committed to these communities and look forward to making further investments in our branch network in the future,” she added.