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Wed 05 May 2009ACC to cut 200 jobs, close branches
ACC Bank is to cut 200 jobs and close 16 branches around the country and has blamed the global financial crisis, the sharp deterioration in the Irish economy and collapse of the property market for the move.
The lender to small and medium-sized businesses and the agricultural sector, which is owned by Dutch financial services provider Rabobank, will close branches between October and next April and said it also plans to "restructure other roles".
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