Bank of Ireland UK to invest £100m on enhancing products and services

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Bank of Ireland UK has announced an investment of £100 million over the next three years to improve Everyday Banking products and services and expand its sustainable lending, mortgage, and broker offerings.

This comes as the bank celebrates 200 years since the opening of its first branch in Newry.

The bank says that with this investment, retail and SME customers will see faster payments, enhanced functionality on the mobile banking app to improve self-service options for customers, and the introduction of new products including more sustainable lending options.

The investment will also include enhanced technology to improve efficiency and help make banking easier and faster for customers.

Gail Goldie, CEO of Bank of Ireland UK, said: “This investment is a measure of our ambition to continue to support our customers in Northern Ireland and sustainably grow our business.

“We remain a trusted financial partner to our customers because we’ve continually evolved to meet their needs and help them achieve their goals – like home ownership, starting and growing a business, and planning for the future.

“This year is an important one for Bank of Ireland in Northern Ireland as we mark 200 years since we opened our first local branch in Newry in 1825.

“As we celebrate this milestone, and announce this significant investment in our products and services, we look to the future with ambition and confidence.”

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