Credit: Jimmy Baikovicius.

Danish lender Danske Bank is set to shut down four branches in Northern Ireland later this year. The bank confirmed that its branches in Ballygawley, Hillsborough, Mallusk and at University Road in Belfast will pull down shutters on 22 October.

The move comes as several lenders are reducing their brick-and-mortar presence amid increase in digital banking.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Following the latest closures, Danske Bank will have 32 branches in Northern Ireland.

Danske Bank Personal Banking managing director Aisling Press said: “I have written to our customers of each branch to assure them that we remain committed to continuing to meet their banking needs and to share the different ways they can continue to bank with us.

“Over the coming weeks, customers will also be able to get additional support in our branches and from our customer contact centre.

“Our ‘Step by Step’ guide, with guidance on how to use other ways of banking, will be available in the affected branches, or this can be printed on request at any branch or following a phone call.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

According to a BBC report, the latest branch closures will not lead to compulsory layoffs. The lender will also continue to invest in online channels.

Press added: “Through transformational upgrades, we have invested over £5.5m in 19 branches across Northern Ireland over the past number of years and we continually look for new opportunities to develop our technology to serve our customers.

“We are currently planning our next phase of upgrades to key branches across our network and will be investing further in our local branches this year.”

Last month, Lloyds Banking Group in the UK announced that it will shutter an additional 44 branches.