Ulster Bank is to cut 266 jobs across the island of Ireland as part of plans to reduce costs.
213 roles are to go in the Republic, with the bank insisting it is doing everything it can to support those affected.
It hopes to reduce its workforce through voluntary redundancies where possible, while some fixed-term positions will not be renewed.
The bank has assured that no branches will be closed as part of its cost-cutting measures.
An Ulster Bank spokesperson said:
“We have announced the next phase of our programme to reduce our costs which includes operational changes and a reduction of 266 roles, which we aim to achieve on a voluntary redundancy basis, where possible.
A small number of roles have also been created.
We know this is difficult news for our colleagues and we are doing everything we can to support those affected by the changes.”
