HSBC has today announced it will be closing 69 of its branches in a move that is set to affect around 400 staff.

Three HSBC branches in Hampshire are set to be some of the many branches across the country that are due to close.

The branches in Lymington, Petersfield and Ringwood.

This comes as the branch moves towards a more digital way of functioning as customers increasingly favour online banking.

HSBC has said that less than 50% of its customers now actively use its branch network and the average footfall has declined by over 50% since 2017.

Hampshire HSBC closure dates

Lymington - August 4, 2022

Ringwood - September 20, 2022

Petersfield - September 22, 2022

Daily Echo: HSBC's branch in Whitehaven will shut in September (PA)HSBC's branch in Whitehaven will shut in September (PA)

Jackie Uhi, Head of HSBC UK’s Branch Network, said: “The way people bank is changing - something the pandemic has accelerated. Our branches continue to support people with their more complex banking needs, but the way we can do this has also evolved, with the addition of banking hubs, community pop ups and continued use of the Post Office network. Rather than a one-size fits all branch approach, it’s an approach built around the way different customers are choosing to bank in different areas.

“We know that the majority of our customers have a preference to do much of their day-to-day banking online or via mobile, so we’re removing locations where we have another branch nearby, and where there is a significant reduction in customers using face-to-face branch servicing. This will enable us to invest in locations where our customers are continuing to utilise the branch network, including updating technology and refurbishing branches.”

Full list of UK HSBC closures

July

  • City of London
  • Westfield Stratford City
  • New Bond Street
  • Cambridge, Hills Road
  • Moorgate
  • Angel Islington
  • Gloucester Road
  • Monmouth
  • Perth Hammersmith
  • Merry Hill
  • Woking

August

  • East Grinstead
  • Peckham
  • Farnham
  • Beaconsfield
  • Street
  • Lymington
  • Sidcup
  • Thame
  • Hoddesdon
  • Brimingham, Harborne,
  • Londonderry
  • Uckfield
  • Leyland
  • Omagh
  • Boreham & Elstree
  • Golders Green
  • Stowmarket
  • Eltham
  • Wellingborough
  • Amserham-on-the-Hill
  • Bishop Auckland
  • Ashby-de-la-Zouch
  • Woodbridge
  • Thornbury

September

  • New Malden
  • Hartlepool
  • Keynsham
  • Pinner
  • Dewsbury
  • Barking
  • Newmarket
  • Billericay
  • Beckenham
  • Sidmouth
  • Burgess Hill
  • Daentry
  • Nottingham, West Bridgford
  • Ellesmere Port
  • Strood
  • St Annes-on-Sea
  • Ringwood
  • Pontefract
  • Ilkeston
  • Petersfield
  • Whitehaven
  • Hampstead, High Street
  • Inverness
  • Wandsworth
  • Manchester, Didsbury
  • Bristol, Whiteladies Road
  • Shirley

October

  • Herne Bay
  • Manchester, Trafford Park
  • Cardiff, Canton
  • Falmouth
  • Bootle
  • TBC
  • Kingston