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All 650 Bpost offices will remain open. They take on a social role. They help people with limited digital skills. Bpost must also install ATMs in municipalities where there are no longer any ATMs. In exchange, the government pays the company an extra 16 million euros.
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The federal government and the listed public company Bpost
have concluded a new management agreement for the period 2022-2026. It states that Bpost will keep all its post offices open. However, a large part of the 650 offices is not profitable. ‘If Bpost looked at its branch network purely from an economic point of view, it would probably close half of the branches. But the offices are valuable because they fulfill a social function’, says Minister of Public Enterprises Petra De Sutter (Green).
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The essence
- The government and Bpost conclude a new management agreement for the period 2022-2026.
- All post offices remain open, including the loss-making ones.
- The government wants them to play an even greater social role, so that they remain useful.
- Post offices will soon be helping people to communicate digitally with the government. ATMs also appear in municipalities where there are no banks’ vending machines.
- In exchange, Bpost’s government grant will increase from 110 to 125 million euros.
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According to the minister, they will do that even more in the future. For example, the postal company will soon be obliged to install an ATM in municipalities where there are no longer any machines of traditional banks. That’s how it is at the moment in 14 Belgian municipalities, and that number threatens to rise as almost all banks close offices. Bpost currently has 524 ATMs. That number should not fall below 350.
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If Bpost looked at its branch network purely from an economic point of view, it would probably close half of it. But those offices are valuable.