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Australian government halts regional bank branch closures until 2027 to preserve rural banking access.
The Australian government has imposed a moratorium on regional bank branch closures until July 2027, with major banks like NAB, Commonwealth Bank, Westpac, and ANZ agreeing to keep their regional branches open.
This move aims to maintain face-to-face banking services in rural areas, where 36% of branches have closed since 2017.
The government has also increased commitment to Bank@Post services, with more banks joining the scheme to provide banking services at post offices.
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El Gobierno australiano detiene los cierres de sucursales bancarias regionales hasta 2027 para preservar el acceso a la banca rural.