The Bank of Queensland (BOQ) will shut 14 branches across Australia, in a move that union members are calling “despicable”.
Those branches — one in Western Australia, three in New South Wales, four in Victoria and six in Queensland — will close from February 19 to 27 this year.
“BOQ has made the difficult decision to close 14 branches as we continue to simplify operations, and more customers embrace digital banking,” a BOQ spokesperson said.
The changes come just months after BOQ told shareholders it would axe 400 jobs across the country in order to simplify and digitise operations.
