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Sabadell Will Not Reopen Some of the Branches it Closed Due to Coronavirus

The bank will not reopen some of the branches it closed after the State of Emergency was declared. In total, it expects to close 12% of its branches this year.

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Banco Sabadell has accelerated its branch network reduction plan that it had been intending to carry out during 2020, taking advantage of the situation caused by the coronavirus. As a result, some of the branches that were closed due to the State of Emergency will not reopen, according to Expansión.

After the State of Emergency was decreed in Spain on 14 March due to the coronavirus, the bank closed around 30% of its branches.

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