Advances and retreats of commercial bank outlets: City commercial banks bucked the trend and grabbed territory, and rural commercial banks eliminated specialty branches as a new trend

In 2023, the withdrawal of commercial bank branches seems to be more intense than before. This phenomenon has drawn attention to the reshuffling of banking industry power. City commercial banks bucked the trend and grabbed land, rural commercial banks were eliminated on a large scale, and the establishment of specialty branches became a new trend in the banking industry.

City commercial banks bucked the trend and “grabbed territory”

In an environment where commercial bank outlets are advancing and retreating, city commercial banks are actively seizing market share and increasing investment in specialty branches. This strategy of bucking the trend of development allows city commercial banks to stand out in the fiercely competitive market.

Large-scale abolition of rural commercial banks

In contrast, rural commercial banks have chosen the strategy of large-scale elimination of outlets. This move has aroused widespread concern in the market and also made people full of doubts about the future development of rural commercial banks.

Establishing specialty branches has become a new trend in the banking industry

Against the background of the advancement and retreat of commercial bank branches, the establishment of specialty branches has become a new trend in the banking industry. The emergence of this new model has brought new opportunities and challenges to the development of the banking industry.

• City commercial banks actively seize market share
• Rural commercial banks choose to close branches on a large scale
• Establishing specialty branches has become a new trend