Barclays unveils series of pop-up structures that will pop up in shopping centers and retail parks

barclays bank A sequence of “banking pods” are deliberate after the latest announcement of extra department closures.

The financial institution mentioned it will develop its “versatile banking format” to answer altering buyer wants.

The plans embody the rollout of latest banking pods, which will probably be purpose-built semi-permanent constructions in places akin to buying malls and retail parks.

The pods will present devoted personal areas and could be moved as wanted, the financial institution mentioned.

Barclays plans to launch a variety of ‘banking operations’ after not too long ago asserting extra department closures

On Saturday, Barclays revealed it will shut 15 branches, with NatWest and Lloyds Banking Group additionally not too long ago asserting department closures

Following the success of the financial institution’s first pod in St Austell, Cornwall, there will probably be at the least 10 extra within the UK by summer season 2023, Barclays mentioned.

The financial institution has but to disclose the place the pods will probably be situated, however it’s understood they are going to be unfold out, presumably in areas akin to London, the Midlands and the North East quickly.

These pods are a part of the Barclays Native programme.

Underneath Barclays’ increasing scheme, the financial institution works with native councils and communities, arranging operations at locations akin to city halls and libraries.

Barclays added that six electrical automobile (EV) financial institution vans can be added to the present fleet of 10, additional enabling it to achieve clients in distant areas.

It should additionally develop its No Buy Money Again service, which has created new locations for individuals to withdraw money at no cost by 1000’s of small companies.

The financial institution mentioned it will proceed to overview its brick-and-mortar web sites, together with branches, pods and pop-up providers.

Saturday, Barclays reveals it will close 15 branchesNatWest and Lloyds Banking Group additionally not too long ago introduced department closures.

NatWest to close 66 branches and Lloyds Banking Group to close 18 Halifax banks and 22 Lloyds banks.

Jo Mayer, head of day-to-day banking at Barclays UK, mentioned: “Barclays Native Banking gives a versatile approach to attain clients in new places and retain enterprise the place foot site visitors is diminished, providing face-to-face assist in handy places.

‘As visits to branches proceed to say no, we have to reimagine the place and the way we seem to be able to greatest serve our present and future clients.

“Our new banking pods and group pop-ups assist us tailor our in-person assist, together with digital abilities assist, to every location.

“In areas the place now we have closed branches, we are going to preserve a presence in that group, offering an alternate in-person answer.”

Barclays can also be a part of an business effort to extend the variety of banking facilities the place completely different banks function in shared areas.