AIB to withdraw from Australian market
(14 April 2010 – Australia) Allied Irish Banks has announced its will close its Sydney office following a strategic review by AIB Capital Markets of its Corporate Banking businesses.
The bank also said that in light of the global economic climate it would also be shutting down its offices in Houston, Leeds and Edinburgh and, over the next few months, will be withdrawing completely from the international locations.
The impact on customers will be minimal and they will continue to be serviced by AIB Capital Market's core Corporate Banking teams in Ireland, the UK and the US, the bank said in a statement.
The bank, which predominantly operates in Ireland, Britain, Poland and the USA, also added that, where possible, staff affected would be offered alternative positions within the broader team in AIB Capital Markets.
The impact on customers will be minimal and they will continue to be serviced by AIB Capital Market's core Corporate Banking teams in Ireland, the UK and the US, the bank said in a statement.
The bank, which predominantly operates in Ireland, Britain, Poland and the USA, also added that, where possible, staff affected would be offered alternative positions within the broader team in AIB Capital Markets.
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