Westpac adding to its huge branch network
Westpac’s Bank of Melbourne will open seven branches across Melbourne's suburbs by the end of this month, including two this morning and a further 90 branches over the next five years.
Bank of Melbourne is targeting the city's growth corridors, this morning opening a branch in Airport West as well as a second outlet in Chirnside Park, east of Melbourne. It is also targeting five others, including Malvern, Cranbourne and Corio in Geelong.
Banks have still been piling on branches in recent years. In the past 12 months a further 50 branches were opened across Australia, with more than half of these being opened in Victoria.
Source: The Age