RBS Must Think Again on Branch Closures

By Reporter, The HighLand Times, Friday December 1 2017

The Royal Bank of Scotland is in danger of turning its back on rural Scotland.

SNP Westminster Leader Ian Blackford MP has called on the Royal Bank of Scotland to reverse its decision on branch closures and has said that the Bank is in danger of ‘turning its back ‘on rural Scotland.

The Bank has published a list of 259 RBS and NatWest branches to close across the UK with 62 in Scotland, with heavy losses in rural areas.

RBS, which is 72%-owned by the taxpayer, said it would try to ensure compulsory redundancies were "kept to an absolute minimum".

Ian Blackford MP for Ross, Skye and Lochaber said:

“RBS must think again.

“This devastates their network in many rural areas and it is simply not acceptable. The list hits small towns and remote locations - including the area I represent - particularly badly.

“These decisions must be raised with the UK government at the earliest opportunity in their role as a major shareholder.

“In addition - I am seeking an urgent meeting with RBS Chief Executive, Ross McEwan.

“RBS has a duty to its customers, they were bailed out by the taxpayer so they really cannot repay our communities by withdrawing from them.

“The Bank is turning its back on rural Scotland, and this will impact personal customers and businesses, as well as being a real worry for many staff.

“This has to be stopped.’’

 

 

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