Deutsche Bank is set to close or merge almost 100 branches across Germany in future . Christian Sewing, the executive in charge of private customers, told the DPA news agency that the decision to close the nearly 200 branches was due to more and more customers turning to online banking. The move comes as the bank 's share price continues to plummet with a total market value less than $ 20bn . Thirty of the branches will be transformed into ' finance agencies ' that will continue to offer ATM and other services to customers .
Deutsche Bank is set to close or merge almost 100 branches across Germany in future . The move comes as the bank 's share price continues to plummet with a total market value less than $ 20bn . Thirty of the branches will be transformed into ' finance agencies ' that will continue to offer ATM and other services to customers .