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Mayor fights proposed bank closure

Mayor fights proposed bank closure City of Canterbury Bankstown Mayor, Khal Asfour, is calling on Australia’s largest bank to reverse its decision to close its Belmore branch. No  

City of Canterbury Bankstown Mayor, Khal Asfour, is calling on Australia’s largest bank to reverse its decision to close its Belmore branch.

"The Commonwealth Bank will shut its doors for the last time on Friday, forcing residents​ to travel to other suburbs for their banking needs," he said.

"Residents were not consulted, in fact, the first they knew about it was when a poster appeared on the window of the bank.

"This decision is going to affect many residents, particularly the elderly who usually don’t use internet banking and prefer face-to-face customer service."

According to the latest census data, just under 10 per cent of Belmore’s residents are aged 70-84, almost two per cent more than the average in Canterbury-Bankstown.

Mayor Asfour urged residents, who now have to travel to Campsie or Lakemba to do their banking, to make their voices heard.

"Write to the CBA and let it know this is not on!," he said.

"I have written to the bank’s Chief Executive, Matt Comyn, asking for him to step in and reverse the decision.

"It’s time for the CBA to repay the loyalty of its customers and workers, by genuinely listening to them, rather than act in ways which indicate it cares more about profits than people."

Belmore resident, Damian Bridge, is very concerned.

"Banks say that less and less people are going into branches but, while that may apply to younger people, I’ve been asked by many elderly people in my street for help with banking and they’re still using passbooks, not using apps or online banking," Mr Bridge said.

 12/09/2018 2:57 PM