The decline has been most pronounced in major cities, which accounted for 81% of all branch closures in the past year. The number of urban branches dropped by 126 to 1,746, a 7% fall since 2024 and a 40% decrease compared to 2020. In contrast, the pace of closures in regional areas has slowed. Only 29 branches shut in inner regional, outer regional, remote, and very remote locations in 2024–25, compared to 52 the year before.
