The number of retail branches, meanwhile, increased at a 2.8 percent annualized rate, to 5,445.
Through our branch network of some 2,000 retail branches we can deal with all cash requirements on both small and large scales.
Citibank, though profitable, has cut the number of retail branches from 30 in 1984, when it was a finance company, to 11.
The bank employs over 3,300 people and maintains 36 retail branches in Iceland.
One of the significant changes will allow foreign banks to open retail branches in South Korea this year.
Barclays, which has been in Spain since 1974, will acquire 536 retail branches.
Its retail branches are under pressure from rivals offering direct banking services.
It comprised 3000 staff, 40 retail branches and four car assembly plants.
She is the manager of a retail branch and he is a vice president for private banking.
Their retail branches are a fixed cost, so the more business they put through them the better.