Santander will officially open its new and refurbished branch in Wibsey tomorrow.

It is the latest in a line of redesigned branches with the aim of delivering better customer service and community-friendly banking.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Furthermore, the new look branch will be opened by John Rook, a longstanding customer, on 22 August 2019.

In addition, the Santander branch will host a scam awareness event for customers to learn how to protect themselves against fraud. There will also be a charity raffle to riase money for mental health charity Mind.

Work on the new branch took eight weeks to complete. Facilities include digital workstations with tablets for online banking, Express Banking with a new ATM wall, and counter services for more secure transactions. Also, it holds as private interview rooms for anyone who might need additional time or privacy to discuss their financial affairs.

The new branch will be equipped with talking ATMs with the option to plug in headphones and be guided via voice assistance.

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.

Santander’s head of branches, Adam Bishop, said: “Banking is changing at a rapid pace and we wanted to create a branch that can accommodate the needs of all our local customers. That means combining traditional banking facilities, and a focus on delivering great customer service, with modern, digital services including free Wi-Fi, customer tablets and digital ATMs.

“Santander branches are an important part of many communities and our investment in this branch reflects our commitment to Wibsey.”

Santander continues restructuring

The Spanish bank’s net profit dropped 5.3% year-on-year in H1 2019 due to structuring costs in the UK and Spain.

Net profit for the global banking group dropped from €6,899m ($7,715m) in HI 2018 to €6,531 in H1 2019. The drop between Q1 and Q2 in 2019 was even more drastic, a plummet of 18% from €3,601m to €2,929m.

The drops in profit were attributed to structuring costs in Spain, thanks to the acquisition of Banco Popular, and in the UK. The total of these costs was €626m. Spain overall lost Santander €262m. The UK saw profits fall 41%.