LLOYDS Bank is set to cut 930 jobs from across various divisions across the country.

No customer facing jobs, including those in the Thornbury and Yate branches, will be affected by the change.

Instead with job losses coming within the chief information office, commercial banking, community banking, insurance and wealth, and risk.

The banking giant says it will be creating 465 new roles in the future, with staff involved in the existing consultation being given the opportunity to apply for the positions.

Staff affected were informed at the end of January that they will be redeployed where possible, with the bank encouraging voluntary redundancies.

More details on the three-year strategy will be announced by chief executive Antonio Horta-Osorio on Wednesday, February 21.

A Lloyds Banking Group spokeswoman said: “Last month, Lloyds Banking Group announced 465 net role reductions. The majority of the reductions were within Commercial Banking, the Chief Information Office, Risk, Community Banking and Insurance and Wealth. The net total is inclusive of 465 new roles that will be created across our business areas.

“This process involved making difficult decisions, and we are committed to working through these changes in a careful and sensitive way. All affected employees have been briefed by their line manager. Accord and Unite were consulted prior to this announcement and will continue to be consulted.

“The Group’s policy is always to use natural turnover and to redeploy people wherever possible to retain their expertise and knowledge within the Group.

“Where it is necessary for employees to leave the company, we will look to achieve this by offering voluntary redundancy. Compulsory redundancies will always be a last resort.”