Westpac postpones regional bank branch closures ahead of Senate inquiry

 Westpac will postpone the planned closures of eight of its branches across regional Australia, ahead of a federal Senate inquiry into the economic and social impacts of such closures.

The Commonwealth Bank confirmed earlier this week it would halt closures while the inquiry took place, prompting calls from political leaders for other banks to do the same.

A Westpac spokesman said in a statement that the company was looking forward to working with the inquiry, which was expected to deliver its findings in December.

"Westpac will postpone eight regional branch closures that were announced in February 2023," he said.

Read More: https://www.abc.net.au/news/2023-02-16/westpac-postpones-regional-branch-closures-before-senate-inquiry/101982376



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