Reported 17 days ago
PNC Bank has announced an additional $500 million investment in its branch expansion plan, aiming to open over 100 new locations and renovate 200 existing ones. This brings the total investment to approximately $1.5 billion, underscoring the bank's commitment to maintaining a strong physical presence as it seeks to enhance customer relationships and grow its deposit base. The expansion will cover 12 U.S. cities over the next five years, reinforcing PNC's position as one of the largest banking networks in the country.
Source: YAHOO