Lloyds closes 44 branches in UK, COVID-19 accelerates digitization

British bank Lloyds will close 44 branches especially in the United Kingdom due to a boom in the use of online banking, but it is accused of denying some communities access to cash.

Lloyds justifies its decision, saying on Wednesday night that customers are “clearly“Less transactions in the agencies under consideration.

Vim Maru, Director, Retail Branches, explains that the increasing number of users of online banking and banking applications in particular were faced with, “We need to change for a future where agencies are used differently and less frequently“.

However, he claims that the group “continues to invest in our presence in shopping streets“Give an example of another”concept agency“Which will open in Edinburgh this week.

We will continue to offer our customers a choice between branches, online and app banking, video appointments, transformation services in a single set of stores.“And attendance in 11,500 stations, in addition to several vending machines,” he concluded.

The Unite union, for its part, mourned Lloyd’s decision in a statement, saying it “erosion“His presence across the country”Denying our communities access to cash and experienced staff from essential services“.

A Vending Machine Isn’t a Right Choice“, emphasizes the union, which also emphasizes that the bank”Committed that most affected employees will be redeployed to other sites with voluntary departure“Group’s.

The bank says that nine out of ten customers have a branch within a radius of about 8 km.

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