Westpac Bank is looking to close a number of branches around the country. The bank wouldn't confirm the number of branches that could be closing, saying "a number of branches" were included in the proposal. The bank confirmed a "consultation" was underway with staff and First Union said up to 19 branches could be closed. A statement from the bank said the rise in online transactions was behind the proposal. A decision would be made once feedback on the proposal from staff had been evaluated, the bank's statement said.
Source: Otago Daily Times August 11, 2016 04:57 UTC