TSB closures: full list of the 82 bank branches closing - including 17 in Scotland

TSB have published a full list of stores set for closure as part of a plan to cut costs by £100m by 2022.

TSB have published a full list of stores set for closure as part of a plan to £100m of cost cuts by 2022.

Over 80 branches have been affected by the closures, including 17 stores in Scotland.

The change will affect 370 customers, according to TSB.

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17 Scottish branches have been affected by closures (Shutterstock)17 Scottish branches have been affected by closures (Shutterstock)
17 Scottish branches have been affected by closures (Shutterstock)

The Spanish-owned bank said that they were working towards moving affected staff to new roles within its organisation.

A statement on the closures read: “TSB will work with Partners at risk of redundancy as a direct result of these closures and will to try to find them alternative roles within the business.“

TSB chief executive Debbie Crosbie said that "difficult decisions" were made in order to deal with a "challenging external environment".

The move comes after a major IT failure saw millions of the bank’s customers locked out of their accounts.

"A huge blow"

The bank will spend £180million on closing the banks and restructuring costs.

An additional £120million is to be spent on improving the bank’s digital product, as well as automating some branches.