CBA to shut down all 60 Bankwest branches
Bankwest is transitioning into a wholly digital banking service and closing its branches, ending 129 years of providing in-person branch service to its customers.
Western Australia's oldest bank has shaken the industry, and rattled customers, with news that it is closing its branches and becoming a solely digital service. (Image source: Shutterstock.com)
Bankwest will close its 60 branches and could shed around 350 jobs by the end of the year.
The bank, owned by Commonwealth Bank of Australia (CBA), has announced that it is transitioning into a wholly digital banking service.
The move will result in the closure of 45 Bankwest branches by October 2024. The completion of this transition will result in another 15 regional Bankwest locations becoming CBA branches by the end of 2024.
Bankwest Execu…
