fintech / news / / The Mirror
The first banks will close on Tuesday, May 5 with most of the others following before the end of June.
A total of 159 bank branches from five major UK banks are closing before June's end.
KEY POINTS
- Lloyds will close 168 branches of Lloyds, Halifax and Bank of Scotland over two years.
- NatWest is replacing many of its closed branches with banking hubs for face-to-face services.
- Santander reports 96% of customer transactions now occur digitally, driving branch closures.
- Closure dates may change in locations where banking hubs are being set up.
COMPANIES
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