Lloyds Banking Group will close 136 branches between May 2025 and March 2026 as part of its shift to digital banking. This decision comes as in-branch transactions have dropped by an average of 48% over the past five years, indicating a clear trend toward mobile app usage. After the closures, Lloyds will have 386 branches left, while Halifax and Bank of Scotland will have 281 and 90, respectively. The bank emphasizes that customers now have more flexibility and options for banking, including mobile apps, telephone banking, community bankers, and access to Post Office branches.
Lloyds Banking Group's decision to close 136 branches reflects a significant shift towards digital banking as consumer preferences change.
Transactions in the branches set for closure dropped by an average of 48% over five years, underscoring the move towards mobile banking.
With more than 20 million customers using our apps, we are providing greater choice and flexibility for everyday banking compared to traditional methods.
Customers can perform their banking at over 11,000 Post Office branches or through our Banking Hubs, ensuring accessibility remains a priority.
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