Online savings bank RaboDirect Ireland has said it will cease its operations here and close on 16th May.
The online bank said it follows a decision by its Dutch parent Rabobank Group to simplify its business model across the world and reduce costs.
RaboDirect Ireland , which was set up here in 2005, has more than 90,000 customers in Ireland with over €3 billion on deposit.
If you will be affected by the closure of RaboDirect, there are a number of alternatives available on the market and we will be happy to provide you with advice regarding same.