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TSB in Ashford to close as bank shuts 82 branches nationwide

The TSB has confirmed the 82 branches which are to close during 2020 - and one will be in Kent.

The bank announced earlier this week it was to implement a phasing out of a host of branches in a bid to save £100million.

The TSB is closing 82 branches nationwidePicture: Google
The TSB is closing 82 branches nationwidePicture: Google

It currently has outlets in Maidstone, Tunbridge Wells, Chatham, Bluewater, Sheerness and Ashford.

And it has now been confirmed the Ashford branch is to close - with its doors shutting in September 2020.

It will join 81 other branches across the country to shut.

The move forms part of the bank's new three-year strategy to "meet the changing needs" of its customers and reduce costs.

The bank expects that around 370 roles will be impacted.

One Kent branch will be a casualty of the bank's closure programme
One Kent branch will be a casualty of the bank's closure programme

TSB says it will try to find alternative roles within the business for those working in the branches facing closure.

It added that despite the closure programme, 65% of the population will still live within four miles of one of its branches.

It is the latest bank to cut its high street outlets.

Robin Bulloch, customer banking director at TSB, said: “We have made the difficult decision to close 82 branches, today announcing the locations. We will fully support customers through this transition.

“We realise this is difficult news for our branch partners and will do everything to support those affected to offer voluntary redundancies and redeploy as many people as we can to other roles.”

"We have made the difficult decision to close 82 branches. We will fully support customers through this transition." - Robin Bulloch, TSB director

In the last two years, TSB says branch transactions have dropped by 17% as customers increasingly choose to bank online or by phone.

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