CHAMBER WELCOMES BANK REMAINING IN TOWN

Ballybay Chamber of Commerce have welcomed the news that the Ballybay Branch of Bank of Ireland was not on the list of branches that are to close. On Monday last the Bank announced that it has taken a decision to close 103 branches in the Republic of Ireland and Northern Ireland, as the acceleration in digital banking has now reached a “tipping point”. The branches are due to close from the end of September. As a result of the closures, the bank’s branch network in the Republic of Ireland will be reduced by 88, leaving 169, while 15 Northern Ireland branches will close, leaving 13.
Speaking to the Ballybay News a spokesperson for the Chamber said, “We are delighted that our Bank is to remain open. This is a real vote of confidence in our branch. We are sorry to hear the news that the branches in Castleblayney, Clones and Cootehill are to close however Ballybay is convenient to all these towns and perhaps individuals and businesses might consider moving their accounts to the local branch”.
Work is to start shortly on a car park behind the bank and this coupled with the 24hour ATM will leave the branch a very important asset for mid county Monaghan.