600 Ulster Bank jobs in Northern Ireland must be protected - FSU

Issued : 19 February 2021

PRESS RELEASE

600 Ulster Bank jobs in Northern Ireland must be protected - FSU

Friday, 19th February 2021

The Financial Services Union has said that it is deeply disappointed by the confirmation this morning (19.02.21) that Ulster Bank DAC is exiting its operations in the Republic of Ireland.

Commenting, general secretary of the FSU, John O’Connell said: “While Ulster Bank’s operations in Northern Ireland are unaffected by today’s news, the work of circa 600 staff in Belfast predominately involves supporting Ulster Bank activities in the Republic. These jobs must be secured and protected.

“We are calling on Ulster Bank and Natwest management to provide clarity about the future of these positions. We will be meeting management at the Bank later today to make these points and to seek those reassurances.

“Regardless of how today’s news impacts operations in the Republic, there is more than ample work within the Natwest Group for these staff and every effort must be made to retain them.

“We call on the Secretary of State for Northern Ireland and the Chancellor to engage with Natwest so as to ensure that the importance of these jobs to the economy of the Greater Belfast area is fully understood.”

ENDS

Contact: Brian McDowell, Head of Communications and Public Affairs, FSU. Tel: 087-9161225. Email: [email protected].

Notes to editors:

  • John O’Connell is available for interview, on request.

About FSU: The FSU is Ireland’s leading union across banking and finance. We represent thousands of staff across the main retail banks, and we have members in more than 70 companies across the finance and fintech sectors. Our members are spread across the Republic of Ireland, Northern Ireland, and Great Britain. We are headquartered in Dublin and we also have a presence in Belfast. We are members of the Irish Congress of Trade Unions and UNI Global finance union.