Lloyds Banking Group is discontinuing its mobile bank branch service, part of a plan to reduce 1,600 jobs. The move reflects a broader trend in the banking industry as more customers opt for online and digital banking. Other banks, including Bankwest and Barclays, are also closing branches due to the shift in customer behavior. The closures are attributed to the increasing preference for online and phone banking, with NAB also set to close dozens of branches as customers choose digital banking over in-person services.
YOUR SAY: Do you still bank in person? NAB has announced it will close dozens of branches across the country, stating customers are choosing to bank online rather than in person. #9News MORE: https://t.co/gAozga9IT8 https://t.co/lGVkrvhxsR
The major bank claims the closures are due to more people choosing to bank online or over the phone. https://t.co/vgPbD3zCgg
A messy fallout has resulted in the collapse of one Sydney-based company amid allegations of cars being stolen. https://t.co/KC1QJZqqN0
Full list of branch closures across Lloyds, Halifax and Bank of Scotland https://t.co/Kyl8nZj64a https://t.co/oq5ytHCHVK
Barclays announces even more bank branches to close just days after unveiling 20 branch closures - full list https://t.co/w1LDYBlBNL
Bankwest has shut another 3 of its branches with the company confirming it's now focusing on an ‘almost solely digital’ future. Customer habits are said to be driving the move with almost 99% of transactions now conducted online. https://t.co/rzMtWIVuFZ #Digital #7NEWS https://t.co/KACUx6ey6r
A construction company owned by a playboy property developer that had its WA registration renewal refused last year has collapsed into liquidation. https://t.co/QIeI9Z1RjS
A major Australian bank has announced it will be closing two more branches, citing staffing issues and declining demand for cash services amid a rise in digital transactions. https://t.co/QxPQelZ4hx
A popular Australian retailer has collapsed into administration, leaving the futures of its staff and stores up in the air. https://t.co/f82xnJmwjV
#BREAKING: A major Australian retailer has gone into voluntary administration with expectations 193 people will lose their jobs and 54 stores will close. https://t.co/1nQ7wc7LHR
A major Aussie bank has announced the closure of a slew of branches as it urges its customers towards an “almost solely digital” future. https://t.co/A6Aaju4KBB
Lloyds axes mobile bank branches https://t.co/vQktYY8CgT
Lloyds Banking Group is set to discontinue its mobile bank branch service this year, as part of a broader plan to reduce 1,600 jobs across its branch network as the organisation pushes ever more to online services. https://t.co/79NmPH6Nec #Tech | #News
Lloyds closes mobile bank branch service https://t.co/wd9CADMyE8