1 Olrig Street
News for Santander Bank
Santander has today announced plans to reshape its branch network and close 140 branches in response to changes in how customers are choosing to carry out their banking. Santander's future branch network will be made up of a combination of larger branches offering improved community facilities to support local businesses and customers, and smaller branches using the latest technology to offer customers more convenient access to banking services.
Matt Sanders, Gocompare.com's banking expert, said: "These figures make interesting reading and it's clear that customers have been enticed by incentives and cash back deals. The figures show that the biggest winners are Santander with its 123 account, which offers varying amounts of cashback, and Halifax with its £100 payment for those who switched to its Reward account, as well as the £5 per month in credit incentive.
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