trending Market Intelligence /marketintelligence/en/news-insights/trending/ABUxM-pT2T8UPxXpM5mcLw2 content esgSubNav
In This List

Lloyds to downsize hundreds of branches to 'micro' versions


Latin American and Caribbean Market Considerations Blog Series: Focus on LGD


Banking Essentials Newsletter: June Edition

Case Study

กรณีศึกษา A Bank Takes its Project Finance Assessments to a New Level


Financial Institutions Factor Transition Risk into Climate-Related Stress Testing

Lloyds to downsize hundreds of branches to 'micro' versions

Lloyds Banking Group Plc is planning to shrink hundreds of its branches, with the "micro" branches to be staffed by as few as two people, the Financial Times reported April 3.

Staff would be armed with tablets and help customers make basic transactions. Customers could also be able to speak to other staff based elsewhere, such as mortgage experts, over a video link.

Lloyds also said it would launch about 20 large flagship branches.