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PNC Bank Raises Branch Investment by $500 Million
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PNC Bank Raises Branch Investment by $500 Million
Nov 9, 2024 1:07 PM

08:32 AM EST, 11/08/2024 (MT Newswires) -- PNC Financial Services Group's ( PNC ) PNC Bank unit said Friday it is raising its branch investment by $500 million to open more than 100 new branches and renovate 200 current locations.

PNC said the new funds brings its total investment to about $1.5 billion to open more than 200 new branch locations in 12 cities over the next five years, while completing the renovations of 1,400 existing branches over the same period.

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