Royal Bank Closures condemned by Council

7th December 2017

The Royal Bank of Scotland came in for sustained cross party criticism for its further programme of branch closures at Wednesday’s meeting of South Lanarkshire Council.

An urgent Statement agreed by all the Political Party Leaders attacked the Royal Bank’s decision to close 62 further branches in Scotland. In this area, Cambuslang and Burnside branches have already closed. Now more branches across Lanarkshire are due to close.

Rutherglen Liberal Democrat Councillor Robert Brown said:

“It is a matter of shame for Scotland that the profiteering greed of the Royal Bank of Scotland almost crashed the national and world economies in 2008. The Bank is still part owned by the taxpayer and it should remember that.

The Bank has already closed its branches in Burnside and Cambuslang without looking at alternatives to help local customers – like collaboration with other Banks to provide pay in facilities for local businesses and groups. It is time they took seriously their duties to local communities and residents.”

The Leaders’ statement reads:

“South Lanarkshire Council deplores the announcement by the Royal Bank of Scotland that it intends to close 62 branches in Scotland.

These are reported to include several that serve communities in South Lanarkshire – Biggar, Carnwarth, Douglas, Cadzow St. in Hamilton, Larkhall, Lesmahagow and Strathaven and earlier closures at Cambuslang and Burnside.

Council is deeply concerned about the potential impact of such closures on local communities, especially those in rural areas and those where there are no other bank branches.

Council notes that such closures would be a betrayal of the RBS Customer Charter of June 2010 which included a commitment never to close a branch which was ‘the last bank in town’.

Council supports efforts to fight the closures and mitigate the impact on our local communities and residents.

Leave a Reply

Your email address will not be published. Required fields are marked *