Itaú bank branch closes and harms customers and employees

Recently, a large Brazilian bank left customers and employees apprehensive by communicating the closure of a traditional bank branch. The announcement was made about four days before the unit closed its doors, causing confusion.

Bank branches remain important for some transactions. They are especially critical for older customers. For this reason, the announcement of the closure harmed the population living close to the site, as well as the bank's workers.

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Branch closure

On March 30, Itaú Unibanco announced the closing of the bank branch located on Avenida Presidente Dutra, in Feira de Santana. The banking institution closed its doors on April 3, four days after the notice.

Members of the Bank Workers Union held a demonstration against the closure of the site, which had been operating for over 10 years. Eritan Carvalho, president of the entity, said that the losses will be great for employees, customers and merchants.

What is known is that it is nothing financial. That's because Itaú bank earned R$ 30 billion in the year 2022, which would be unjustifiable.

There are expectations that staff will be reassigned to other agencies. However, the reality is still one of uncertainty.

Some customers even went to the site to demonstrate against the end of the bank's activities, especially retirees.

With the closing of the unit, the city of Bahia has three Itaú branches and one Itaú Personalité branch.

Banco Itaú has prestige and history

Itaú Unibanco is one of the largest financial conglomerates in Brazil and Latin America. It is a private financial institution, headquartered in São Paulo, Brazil, which was founded in 1924 as a central bank of Credit (BCC).

Itaú is known for offering a wide range of banking and financial services, including retail banking, investment banking, asset management, insurance, credit cards, loans, financing, among others. others.

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