Thursday, 3 May 2018

Bank abandons north Wales

The Royal Bank of Scotland is closing its branch in Wrexham as part of a closure plan that will mean it only has one branch left in north Wales. The closure will mean 800 jobs will go in total as 162 branches are axed.

Llyr Gruffydd, Plaid Cymru’s North Wales AM, said: 
“The decision by the RBS to close three of its four branches in north Wales is just the latest in a long line of bank closures our communities have suffered. After years of encouraging customers to bank online they claim there is little footfall to justify these closures. "The fact is that they’ve abandoned all pretence to be community banks, despite being bailed out by taxpayers. Customers – in particular small businesses that need to cash up at the end of the week – will rightly feel abandoned as RPS effectively disappears from the North.“It shows once again that Wales needs a community bank that serves local communities and small business rather than one driven by profiting shareholders.”

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