The Traderszone Network

Published in TZ Latest News 24 October, 2014 by The TZ Newswire Staff

Bank of Ireland staff set for first pay rise since crisis

Staff at Bank of Ireland, the country’s largest bank by assets, are set to receive their first pay increase in six years after the part state-owned lender reached an agreement with its largest trade union on Friday. Bank of Ireland said the new proposals would increase salaries by 1.75 percent this year, back-dated to July, and by 2 percent from January. The bank, Ireland’s only lender to escape nationalisation, reported a profit for the first time in five years in August.

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