Lloyds Banking Group has announced plans to close an additional 95 branches across the UK
Eight Welsh banks have announced plans to close as a major banking giant prepares to massively shrink its presence on the high street – use our map to check if any branches near you will shut. Lloyds Banking Group has announced plans to close an additional 95 branches across the UK, affecting customers of Lloyds Bank, Halifax, and Bank of Scotland.
The group revealed that 53 Lloyds branches, 31 Halifax sites, and 11 Bank of Scotland locations are set to close under the newly announced scheme. The closures are slated to take place between May 2026 and March 2027.
In Wales, five Lloyds and three Halifax branches are due to close, starting with the loss of Halifax Cwmbran on June 2, followed by the Lloyds in Victoria Park, Cardiff the next day. All except one of the Welsh banks are due to shut by early July.
The exception is the Lloyds in Market Street, Ebbw Vale, which will remain open until March 2027.
Lloyds is currently implementing previously prepared plans to close 49 branches nationwide by October.
This follows the group’s January 2021 announcement that it would close 136 branches by March 2026.
Once all previously announced closures have been carried out, the banking group will be left with a network of 610 branches.
Use this map to see the closures near you:
NatWest also recently announced the closures of 32 branches, but none of those affect Wales.
Since February 2022, when all major banking groups committed to a voluntary agreement to assess the impact of each closure, a total of 2,236 branches have either shut down or announced plans to close.
That’s an average of at least one closure per day, or eight per week. The list includes 139 Welsh banks that have either shut are scheduled to close.
The LINK initiative was established to scrutinise each closure and ensure that vulnerable customers and small businesses were not left behind in the transition to cashless payments and virtual banking.
When closures leave communities without any local bank, banking hubs or free ATMs are set up to fill the gap.
Nick Quin, chief corporate affairs officer at LINK, said: “While more people choose to use contactless and digital payments, there are still millions who rely on and prefer to pay using cash. Alongside ATMs and Post Offices, banking hubs continue to help people and businesses to readily access and deposit cash.
“We recommended a further 15 banking hubs yesterday which will play a part in supporting access to cash across the UK.” Make sure you never miss Wales’ biggest updates by getting our daily newsletter
Gareth Oakley, CEO at Cash Access UK, said: “We’re delighted to see the difference that banking hubs have made for communities across the UK. It’s a clear reminder that while more people are choosing to bank digitally, cash and face-to-face services still remain essential for many.
“We have opened 212 hubs to date and are excited to continue rolling out these services in the communities that need them most.
“Customers can visit the hubs any day of the week for their everyday banking transactions, and if you have a specific or more complex enquiry for your bank, a community banker will be there to help on the day they’re in the hub.”
Welsh banks scheduled to close
- Halifax – Cwmbran
- Lloyds Bank – Cardiff – Victoria Park – Cowbridge Road East
- Halifax – Bridgend
- Halifax – Cardiff – Roath
- Lloyds Bank – Llangefni
- Lloyds Bank – Aberdare
- Lloyds Bank – Swansea – Winch Wen – Carmel Road
- Lloyds Bank – Ebbw vale
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