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HSBC to close 82 UK offices

LONDON, 19 Jan – PRIME. HSBC Bank plans to close 82 branches in the UK due to the transition of customers to online services and the impact of the COVID-19 pandemic, the lending institution said on Tuesday. The London Metal Exchange will close the last platform in Europe According to the bank, over the past five years, offices decreased by a third; about 90% of customers use online banking from their devices. Many people use social networks to contact bank managers. The gradual closure of the branches will take place from April to September of this year, clients of these offices will be advised to switch to online service. Closed branch employees are not expected to be laid off, but moved to neighboring bank offices. “The COVID-19 pandemic has highlighted the need for change that we are making. This has strengthened what we have focused on before and crystallized our opinion. This is a strategic direction that we must accept to have a branch network fit for the future, “said Jackie Woohee, head of HSBC UK branch network. French auto giant to close plant in Europe. Bank also intends to expand its presence by increasing the number of points with ATMs, but without staff. After restructuring in 2021, HSBC will have 511 offices in the UK. HSBC announced last June that it was renewing its plans to cut about 35,000 jobs, or 15% of its state, over three years to improve the group’s financial performance. The layoffs were originally planned to begin in February 2020, but due to the coronavirus pandemic, they were postponed. The HSBC Holdings plc group was formed in 1990 as a company that controls the activities of the HSBC bank (Hongkong and Shanghai Banking Corporation), which has existed since 1865. Under the influence of the coronavirus pandemic, the group’s net profit attributable to shareholders in January-September 2020 decreased 3.1 times in annual terms, to $ 3.336 billion.

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