26th September 2021

Llanelli Online News

Llanelli's First For Hyperlocal News

Santander to shut down fifth of branches

THE banking giant Santander is to close up to one fifth of its branches in the U.K. putting over a thousand jobs at risk. Six of the branches to close are based in Wales.

The closures are believed to be linked to changes in the way people choose to bank.

The Spanish owned bank claim that transactions in their branches have fallen 23% in the last three years, while digital transactions have soared 99%.

The list of banks closing in Wales and the date of their closure is as follows;

Ammanford (30 May 2019)

Llangefni (4 July 2019)

Monmouth (30 May 2019)

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Pembroke (9 May 2019)

Penarth (2 May 2019)

Tonypandy (11 July 2019)

Image: Petar Milošević [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)], from Wikimedia Commons

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