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Economic Development

Full list of 82 HSBC branches to close as Covid accelerates shift to online banking

Three stores will close per week, starting in April

HSBC bank(Image: Reach Plc)

Banking giant HSBC has said it will close 82 branches across the 海角视频 after the coronavirus pandemic accelerated the shift to online banking.

HSBC said the closures, starting with Edinburgh's Princes Street branch, are not entirely related to lockdowns and restrictions introduced, but also also part of plans to become a market-leading digital bank.

Approximately three stores will closing each week from April until the end of September, as PA reports.

Staff in branches facing closure are also expected to be redeployed to other branches and sites within 15 miles of their homes, the bank said.

HSBC said the closures are part of plans to become a market-leading digital bank and an overhaul of how remaining branches will operate.

Of the 82 sites closing, 81 are within a mile of a Post Office, two thirds are within five miles of another HSBC branch and nine in 10 are within 10 miles, the bank added.

HSBC has announced the closure of 82 branches, which will shut their doors between April and September.