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Clydesdale and Yorkshire Banks are to close 28 "unsustainable" branches and invest £45m in customer improvements under plans to reshape their retail banking operations.

Clydesdale and Yorkshire, part of National Australia Bank (NAB), expect to save £5m by the branch closures.

The banking group said that frontline jobs would be safeguarded.

New posts are being created at their busiest branches, while support will be given to displaced branch managers.

The banks said their network of 320 branches would be reshaped over the next nine months as part of a £25m branch investment programme.

Six "flagship" branches will be developed, including the Glasgow head office of the Clydesdale Bank and the newly-refurbished London Piccadilly branch, (PICTURED) along with four new large branches in Aberdeen, 

Picture: Universal News And Sport (Scotland) 25 March 2014.
Clydesdale and Yorkshire Banks are to close 28 "unsustainable" branches and invest £45m in customer improvements under plans to reshape their retail banking operations. Clydesdale and Yorkshire, part of National Australia Bank (NAB), expect to save £5m by the branch closures. The banking group said that frontline jobs would be safeguarded. New posts are being created at their busiest branches, while support will be given to displaced branch managers. The banks said their network of 320 branches would be reshaped over the next nine months as part of a £25m branch investment programme. Six "flagship" branches will be developed, including the Glasgow head office of the Clydesdale Bank and the newly-refurbished London Piccadilly branch, (PICTURED) along with four new large branches in Aberdeen, Picture: Universal News And Sport (Scotland) 25 March 2014.

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