Fin $24$ headline on the ${14}^n$ of March $2019$ by Lameez Omarpe read.

$1200$ jobs affected as Standard Bank eloses $91$ branches"

Approximately $1200$ jobs at Slandard Bank will be impacted as the financiai senvices provider embarks $07$ a new banking delivery model.

According to a statement issued by Standard Bark on Thursday afternoan, $14"$ of March $2019,$ a tatal of $91$ branches will be closed as ihe bank opts for a digital barking offering for consumers. The vast majorky of these branches will be cksed by June $2019,$ the slatement read.

Based on the above statement, answer the following questions:

$3\mathrm{.}1)$ Using characteristics in establishing full$-$service branch oftices, that is choosing locations and designing new branches and cosis thereof, explan some factors that would have led Standard Bark. to ciose its branches.

$[8$ marks$]$

$3\mathrm{.}2)$ South Africa has seen an increase in new entrances within the banking industry. Provide examples of four $(4)$ different types of banks in South Africa, services offered and examples.

Explain the effects on digitisation on investors, competitors, regulators and the structure of banks

$3\mathrm{.}4)$ Explain the cost benefits of a bank holding company structure, provide examples.