AIB IS expected to announce a significant number of redundancies as part of a major restructuring of the bank when it publishes its full-year results tomorrow.

Reports have suggested that about 2,000 staff will be made redundant.

The bank employs about 12,000 people in Ireland.

AIB declined to comment yesterday. However it is understood that there will be details of a planned reduction in headcount along with an update on its operating performance and loan losses.

The executive of the Irish Bank Officials Association (IBOA) will meet tomorrow to consider the issues surrounding the bank.

It also plans to seek a meeting with AIB executive chairman David Hodgkinson tomorrow to discuss the bank’s plans.

Speaking to The Irish Timesyesterday, IBOA general secretary Larry Broderick said: "We want the plan to be shared with us . . . and we want any redundancies to be on a voluntary basis."

AIB is planning to restructure the core part of the business into three divisions covering retail, commercial and corporate.

The bank requires a further €13.3 billion following the Central Bank’s stress tests. This brings its recapitalisation to €20.5 billion.

AIB is to be merged with EBS Building Society to form the second “pillar” bank here.