Home Finance Santander closing 26 branches in May – full list | Personal Finance | Finance
Finance

Santander closing 26 branches in May – full list | Personal Finance | Finance

Share


Santander has confirmed the closure of dozens of its branches next month. It follows the waves of closures taking place across UK high streets. Banks are facing increasing challenges arising from shifting consumer needs. The number of people choosing digital banking over branch visits is increasing, leaving banks with no choice but to close. According to Which? more than 6,000 branches were closed by major banks and building societies between 2015 and 2024.

Earlier this year, Santander announced it would close 44 sites in total. January saw the closure of four, and a bulk of those closures will be taking place in May.

A spokesperson for Santander UK, said: “In response to a continuing and sizeable shift towards customers using digital banking, we are making changes to our branches to better support our customers.

“We will continue to invest in both our branch network – comprising of full-service branches, counter-free branches, reduced-hour branches, Santander Locals, and our increasingly popular Work Cafés – as well as our digital banking services, so we can be there to support our customers however they choose to bank with us.”

The bank also noted that closing branches will be replaced by Community Bankers, operating either from a Santander Local or, where required, a Banking Hub, to provide ongoing face-to-face support for communities.

You can find the full list of Santander banks closing in May below:



Source link

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Don't Miss

‘99.9% of people shouldn’t be picking stocks’ – A beginner’s guide to investment apps in Ireland – The Irish Times

‘99.9% of people shouldn’t be picking stocks’ - A beginner’s guide to investment apps in Ireland  The Irish Times Source link

Arthur Hayes predicts Bitcoin will surge past $90,000 amid bull market

Arthur Hayes, the co-founder of BitMEX and current CIO of the Maelstrom fund, is doubling down on his bullish Bitcoin thesis. He expects...

Related Articles

How to Successfully Leverage Bridging Finance

Some property opportunities do not fail because the numbers are weak. They...

Alizz Islamic Bank partners with U-Capital to provide investment solutions to the bank’s customers

Reinforcing its position as one of Oman's most customer centric Islamic banking...

Crownrise Finance announces new board of directors

Crownrise Finance Plc has announced the appointment of a new Board of...

Ocean finance and the risk of bluewashing in the Pacific

Ocean finance is rapidly emerging as a central pillar of the global...