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HSBC issues major update affecting all Merseyside branches
HSBC UK will invest £55.8 million in 2026 to refurbish 327 branches and enhance community services amid ongoing sector-wide branch closures, serving 825,000 monthly visitors.
- On the pledge, HSBC UK said it will keep all 327 branches open until at least 2027 and allocate 55.8 million for 2026, up from 42 million in 2025.
- Across the industry, many branches have closed in recent years, raising concerns about access to cash and face-to-face banking, especially for older customers and small businesses on high streets.
- Operational metrics indicate 825,000 monthly branch visitors and more than two million monthly self-service transactions, while the £55.8 million investment funds upgrades at 100 branches, 29 Premier Centres, two Wealth Centres, and 78 sites.
- The bank said extending its Branch Promise until at least 2027 reinforces its long-term commitment to local communities and the high street, while supporting customers through Banking Hubs and HSBC Local events.
- In the broader sector context, Nationwide Building Society pledged to keep 696 branches open until at least 2030 while sector branches fell from 10,410 in 2019 to around 6,870 in recent years, and HSBC’s extension builds on past two years’ pledges.
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45 Articles
Bank branch closure update: HSBC to keep all 327 locations open until at least 2027 in win for high streets
HSBC UK has "committed" to maintaining all 327 of its branches until at least 2027, extending the "branch promise" it first introduced two years ago in a win for Britain's high streets
·London, United Kingdom
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Coverage Details
Total News Sources45
Leaning Left1Leaning Right3Center34Last UpdatedBias Distribution89% Center
Bias Distribution
- 89% of the sources are Center
89% Center
C 89%
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