MSP backs union call for moratorium on bank closures

A union has called for a moratorium on the closures of more than 50 Royal Bank of Scotland (RBS) branches across Scotland.

Friday, 27th April 2018, 5:02 pm
Updated Friday, 27th April 2018, 5:10 pm
Aberdeenshire East MSP Gillian Martin

The move has been welcomed by Aberdeenshire East MSP Gillian Martin after it was announced that both the Ellon and Turriff branches would close.

Campaigners have condemned the move which means they will have to travel further to do banking.

Now Unite has called for a moratorium after it was revealed RBS reported a profit of £792 million for the first three months of 2018.

According to Unite, RBS claimed the closures of branches would save £9.5 million a year.

Earlier this week Ms Martin took part in a meeting with the Economy, Jobs and Fair Work Committee in Mintlaw finding out how bank closures had impacted local businesses.

Ms Martin said: “The RBS closures in my constituency will have a huge impact for rural customers.

“Farmers have spoken of their fears over how they will cash cheques from mart sales and elderly people are afraid an unsure about online banking.

“Time and time again RBS have failed to engage with customers and they feel let down and fed-up.

“I am fully behind Unite’s call for a moratorium and it’s about time RBS provided so meaningful answers for people who will be impacted by this.”