Santander to shut 26 financial institution branches in May – full listing | Personal Finance | Finance | EUROtoday

Santander is ready to shut dozens of its excessive road branches within the UK by the tip of May. At the beginning of the yr, the Spanish banking large stated it was closing down 44 of its places nationally, with 4 ceasing operations in January.

At the time, it confirmed {that a} additional 40 branches could be axed by the tip of May, stating that the change was a s a results of prospects utilizing extra companies on-line. The financial institution stated that 96% of of buyer transactions have been now carried out through digital platforms.

Santander additionally famous that 291 jobs have been in danger because of the newest closures, which come lower than a yr after the financial institution introduced again in March 2025 that it was closing that it was shutting down 95 branches, affecting 750 staff.

In July final yr Santander’s then UK chief govt Mike Regnier, stated that 2,000 jobs had been misplaced within the previous yr underneath the financial institution’s restructuing. He added that additional redundancies “might well be” possible, stories the Mirror.

The financial institution has nevertheless pledged that any impacted branches might be suceeded by Community Bankers by way of Santander Local shops or shared banking hubs. It added that the opporunties will proceed to present entry to companies for purchasers within the areas affected by the closures