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Scotiabank Uruguay makes deal with union to cancel branch closures

Scotiabank Uruguay SA reached an agreement with the country's banking union AEBU to to keep open two branches that were marked for closure by implementing automated services, El País reported.

After talks with union members and officials in the affected areas, Scotiabank reportedly plans to keep the branches in Fray Bentos and Las Piedras open, but without staff as automated offices will provide customer service. The employees from both branches will be relocated, the publication noted.

The bank had planned on closing the two branches, along with a commercial office in the city of Maldonado, which has already been closed, to focus on its digitization strategy.