Societe Generale has announced its plans to close down 400 bank branches in France, which make up almost 20% of its total branch network in the country. The move is part of a plan by French banks to cut costs and boost profitability.
Societe Generale has announced its plans to close down 400 bank branches in France, which make up almost 20% of its total branch network in the country. This aligns with the general trend of banks reducing their branch networks as customers increasingly prefer online banking and automated teller machines.