HSBC has announced plans to close 114 branches. The latest round of closures comes as more people turn to online and mobile banking. The bank locations closing will be shuttered from April 2023. It…
"Not only can we do it anywhere at any time of day or night, many more things can be done at the customers’ convenience and don’t rely on a branch visit."network will continue to be available to HSBC customers.
The bank says that some of the branches that are being shut serve less than 250 customers a week since the pandemic. Usage of its mobile app has almost tripled since 2017, with the vast majority of transactions completed digitally.
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