EU branching out: 20,000 bank outlets closed in EU since start of downturn

endthelie.com

Article Reprinteu banks

Banks in Europe have cut 5,500 branches in 2012, bringing the total number of outlets  closed since the beginning of the credit crunch in 2008 to 20,000. To cut costs financial institutions are shrinking  their bricks-and-mortar presence and going digital.

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