Santander has shuttered a tad less than 50% of its branches in Spain in response to the deadly coronavirus (Covid-19) pandemic, news agency Reuters reported.

Since Saturday 21 March, Spain has been in lockdown to curb the spread of the virus.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Apart from the branch closures, the bank has decided to open only 25% of the total 3,200 branches open only two days a week starting today.

The bank has also implemented several measures for the health and safety of its customers and employees.

Banks in Europe are urging customers to use digital banking for their daily banking needs to limit the spread of the virus.

Banks around the world are working to keep their business running amid the coronavirus outbreak.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Recently, BBVA USA closed nearly 637 branches to curb the Covid-19 spread.

Earlier this month, BBVA transferred almost 100 people from its trading floor in Madrid to a location outside the city.

Recently, the European Central Bank (ECB) also asked the majority of its 3,500 staff in Frankfurt to work from home to measure its coronavirus (COVID-19) preparations.

Last week,  HSBC Bank sent more than 100 employees home after a worker from the research department tested positive for the novel coronavirus (COVID-19).

Visit our Covid-19 microsite for the latest coronavirus news, analysis and updates

Follow the latest updates of the coronavirus (Covid-19) outbreak on our timeline.