Standard Bank to review decision to close 90 branches - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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MOST READ: Standard Bank to review decision to close 90 branches Standard Bank says they will review the decision to close some of their 90 branches amid a digital revolution that is disrupting the industry.

Tshabalala says over 1 000 staff members have either been retrained or redeployed.

“The vast majority of our customers are not visiting branches, and so, what we have done in the process is to understand where that’s the case. I have to admit that we have made mistakes along the way. There are certain communities where we should have not closed branches. We got it wrong and for that I have to apologise. We’re needing the branch.”

 

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MorningLiveSABC I always thought it was a wrong move n then again maybe i know nothing about business cos we can't go n make lots line to 1 bank

This is such a wishy-washy bank, it is not funny.

Open a branch in Willowvale and ease the burden of going to Idutywa just fie statement standardbank

Are they completely.going out of business. It is not going tolook good.for workers.

VusiSambo is it not too late I've seen plenty of branches closed already. Surely a review does not mean that closed branches will be reopened ? ... How do you take such a drastic decision and then review it midway through implementation. who is accountable for this.

Open more branches in Qwa Qwa

I hope they do reconsider! Especially in the rural areas!

Then they will loose more client's

The decision was very hasty.

They closed one about a month ago at my village

NkosivumileDuma They will be remembered for overcharging clients on bonds and cars...what a legacy

Good news popping out 👍🏿

Another branches again

Oh damn 😳😮

You create joblessness and expect people to bank.

Unemployment and retrenchments will impact S.A economy very badly.

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