RBS gives closure-threatened Scottish branches a reprieve
06 February 2018 | 3115 views | 0
Royal Bank of Scotland has granted a stay of execution to 10 Scottish branches that had been fingered for the chop.
Last year the bank outlined plans to close 62 branches in Scotland but now says that it has "listened and engaged with customers" and politicians.
As a result, 10 of the branches will be kept open until at least the end of the year, during which time an independent review will determine whether to make the reversal longer lasting.
In addition to the partial reprieve, RBS is putting together a "support package" that includes work on digital access, providing training and devices to small numbers of customers.
The bank is also committing to not closing branch ATMs if there are no free-to-use alternatives within one kilometre.
Jane Howard, MD, personal banking, RBS, says: "We are committed to ensuring our customers and communities are able to continue accessing quality banking services."
Unite the Union used the u-turn as an opportunity to call for a moratorium on RBS and Natwest branch closures across the UK.