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Lloyds to shut 200 branches as it digitises business

on Oct 28, 2014 | 0 comments

By Sarah Vizard

Lloyds Banking Group is to close 200 of its Lloyds and Bank of Scotland branches as it digitises business.
Lloyds Banking Group is to close 200 of its Lloyds and Bank of Scotland branches as it digitises business.

The branch closures, which are equal to 9 per cent of its network, will mainly impact the Lloyds and Bank of Scotland brands. Lloyds said 90 per cent of its customers will still have a branch within five miles of their homes, but the move does signal the end of its commitment to be “the last branch in town”.

The closures will not affect its Halifax branches and Lloyds says it could in fact open a further 50 Halifax facias. The move follows Read full story ›

Source: Marketing Week