💨 Abstract
Santander is closing nearly 100 bank branches this year, with eight shutting this week. This trend, reflecting changing customer habits towards online banking, has seen 6,443 branches closed since 2015. Santander has already closed 950 branches and plans more closures by November. While customers increasingly prefer digital banking, campaigners worry about the impact on communities without bank access, affecting older adults and small businesses.
Courtesy: Noora Mykkanen
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