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Full map of closures: Santander axes another 44 branches putting 291 jobs at risk
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City AM
Full map of closures: Santander axes another 44 branches putting 291 jobs at riskSantander has continued to cull its branch network.
Santander has made another cull to its branch network as the Spanish banking giant ploughs ahead with its digital transformation.
The move was attributed to “changing consumer behaviour” but marks the latest major retreat from the high street amid growing concerns around access to cash.
Following the changes, Santander’s branch network will consist of 305 branches: 244 full-service branches, 19 counter-free branches, 36 branches with reduced opening hours, and six Work Cafés, alongside 111 Santander Locals.
Santander snapped up TSB Bank in a deal set to be worth £2.9bn when closed, raising concerns the latter’s name would disappear from the high street.