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Britain's Lloyds axes further bank branches

Lloyds Banking Group will close a further 28 branches in Britain this year, just two months after axing 60 outlets, in a move that has drawn criticism from employee union Unite. Banks across the industry have made deep cuts to their branch networks in recent years, which they say are necessary to respond to growing demand for online services. "Branch visits have been falling significantly for several years now, and this trend is continuing," said Vim Maru, group retail director at Ll...
United Kingdom City Of Iain Withers Lloyds Banking Group Lloyds Bank Banking Group
Source: aol.com

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Lloyds, Halifax and Bank of Scotland to shut 60 more branches across UK | City & Business

The closures will include 24 Lloyds Bank sites, 19 Bank of Scotland locations and 17 Halifax branches. Vim Maru, group retail director of Lloyds Banking Group, said: "Just like many other high street businesses, fewer customers are choosing to visit our branches. "We need to adapt to the significant growth in customers banking online." The
Caren Evans Lloyds Banking Group Vim Maru

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