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Australia-based Commonwealth Bank has introduced the non permanent shutdown of 114 branches to stave off coronavirus-related downturn.
The bank confirmed greater than 500 employees members could be reassigned after a discount of in-person visits to branches. The bank has not disclosed up to now which branches would shut. Visits by clients to bank branches have fallen greater than 50% in some branches as folks observe social distancing and lockdown necessities. Because of this, transaction volumes in department have dropped whereas there was a big enhance in clients doing their banking on-line.
Many of the branches to be closed might be inside 5 km of an open bank. Clients have been inspired to make use of the placement device on the Commonwealth Bank web site to search out if their native department was open, in keeping with dailymail.co.uk.
