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Australian banks close branches due to bushfires, weather conditions


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Australian banks close branches due to bushfires, weather conditions

Commonwealth Bank of Australia, National Australia Bank Ltd. and other Australian banks closed several branches due to bushfires and extreme weather conditions.

As at Jan. 3, more than a dozen CBA branches in New South Wales, Victoria and Canberra were closed, the bank said. NAB said the same day that it will keep eight branches shut across New South Wales and the Australian Capital Territory. In Victoria, the bank said it closed four branches.

Meanwhile, a spokesperson for Australia & New Zealand Banking Group Ltd. told The Australian said the bank closed branches at Bairnsdale, Lakes Entrance and Bright in the state of Victoria, as well as two branches in New South Wales, according to the Jan. 2 report.

Westpac Banking Corp.'s branches were not affected by the bushfires and remained open, the bank's spokesperson told the newspaper. However, Westpac unit St. George Bank Ltd. closed branches at Batemans Bay and Ulladulla in New South Wales due to staffing capabilities.

Bendigo & Adelaide Bank Ltd. shut eight branches in Victoria and New South Wales, the newspaper added.