A union has said plans by Danske Bank’s Belfast-based operation to restructure its risk department could result in redundancies.
The Financial Services Union (FSU) said it is “disappointed” by the announcement made on Friday, which it said directly impacts 31 staff.
It’s understood all 31 employees, who are based in Northern Ireland, face redundancy or redeployment.
Mandy La Combre, senior industrial relations officer with the FSU said the union was working with members affected to ensure they are supported.
“We are meeting with the bank to ensure any potential job losses are minimised, redeployment and upskilling is made available, and any redundancies will be voluntary,” she said.
“We will emphasise in those discussions the FSU are totally opposed to any compulsory redundancies.
“This is a stressful time for staff who may be affected by this announcement and the FSU will arrange meetings for those affected to discuss the issue once all affected individuals have been informed by the Bank.”
The development comes just two weeks after Danske Bank UK reported a pre-tax profit of £118.4 million for the first half of 2025.
It marked a 15% uplift on the profit-before-tax the Belfast-based lender reported for the same period last year.
Danske Bank, which has 24 branches across the north, reported a record £218.2m profit before tax in 2024.
The bank has been contacted for comment.