Banks cut 5,500 branches across Europe in 2012
A woman makes a transaction at an ATM of a Piraeus Bank branch as a man waits for his turn in Athens July 25, 2013. REUTERS/Yorgos Karahalis
A woman makes a transaction at an ATM of a Piraeus Bank branch as a man waits for his turn in Athens July 25, 2013.
REUTERS/YORGOS KARAHALIS
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Banks cut 5,500 branches across the European Union last year, 2.5 percent of the total, leaving the region with 20,000 fewer outlets than it had when the financial industry was plunged into crisis in 2008.