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Bankia plans to close 140 branches Europa Press

May 28, 2020 - SNL European Financials Daily

The Spanish bank is planning to close 140 branches in July as it increases its digital banking, Europa Press reported.

Bankia SA is planning to close 140 branches in July as it increases digitization and an increasing number of customers use digital banking, Europa Press reported.

The Spanish lender will not lay off any staff, according to the May 26 report.