Listen now: Nolwandle Mthombeni on why banks are closing branches

Intellidex’s Senior banks analyst Nolwandle Mthombeni joins The Morning Review with Lester Kiewit to discuss why banks are closing branches and what is happening in the bank industry in terms of a consumer interface.

“We’re really in a digital age now where everything is moving towards banking in a digital manner. For the most part banks are also trying to usher the South African consumer a long by sort of forcing them to adopt digital channels and business done by even just reducing the footprint as well as adding self-service terminals,” says Mthombeni.

Listen here to the full interview here: