Bank of Ireland invests €11.5m in branches

18 Bank of Ireland branches to be comprehensively refurbished, with a range of new ATM machines also being installed across the network.

Bank of Ireland has revealed plans to invest €11.5m across its nationwide branch network in 2023.

The €11.5m investment will include comprehensive refurbishments for 18 branches. Additional works also include the planned installation of new external and internal ATMs in a range of branches, and the improvement of facilities for colleagues in over a dozen branches.

“We continually invest in this network, and 2023 will be no exception”

As part of this investment, Bank of Ireland also plans to install energy efficient LED lighting in each of its 169 branches in 2023.

This will achieve over 50% in energy savings from a reduction in lighting energy consumption, as the organisation looks to become more energy efficient and reduce its total energy consumption.

Improved facilities

“Our branch network of 169 locations across Ireland is a very important part of how we serve our customers, whether that be for routine cash, cheque and coin transactions or more detailed conversations about loans, mortgages and pensions,” said Susan Russell, director of Retail Ireland at Bank of Ireland.

“That’s why we continually invest in this network, and 2023 will be no exception. I’m especially pleased that 18 of our locations will undergo comprehensive refurbishments during the year ahead, and that we are also making further investments in ATM technology in our branches nationwide.”

This announcement follows the Bank’s recent publication of plans for the largest single investment in its iconic College Green buildings in more than 200 years.

As well as extensive repairs, upgrading and restoration work, the planned €36m investment over five years includes improved facilities for customers and workspaces for colleagues.

John Kennedy
Award-winning editor John Kennedy is one of Ireland's most experienced business and technology journalists.