AIB set to scale back debt division

AIB is considering closing the regional offices of its debt management division as part of plans to scale back the unit’s activities

AIB’s Financial Solutions Group (FSG) has seven offices spread across the country dealing with customers behind on their loans.The Sunday Business Post revealed earlier this year that the state-controlled bank offered a voluntary redundancy package to staff in the division, which employs about 1,600 people.

It is understood that there has been plenty of interest in taking up the voluntary severance from employees outside of Dublin. As much of the activities of the financial ...