Skip To The Main Content

Royal Bank of Scotland reveals stay of execution for 10 branches

RBS has revealed today it may not close 10 Scottish bank branches previously earmarked for closure. The bank also said that it would commit to keeping ATMs in rural areas where they are the last cash machine in a town. 

Andy Willox, FSB’s Scottish policy convenor, said: “Many businesses in the locality of these branches will be pleased that they’ve been granted a reprieve. But for those firms who use the other 52 branches slated for closure, today’s news will be of little comfort. 

“Similarly, while RBS’s ATM promise sounds reassuring – does it open the door to the branch dramatically reducing the number of cash machines it maintains across Scotland?

“While we accept that RBS have made some concessions, and we look forward to better understanding the details of this announcement, this doesn’t look like the change of heart for which we were looking.”