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RBS to close 44 branches
Bailed-out banking giant blames its decision on a 30% drop in branch transactions
Bailed-out bank RBS slapped its customers with more bad news yesterday after announcing plans to close 44 branches across Britain — including 14 classed as “last banks in town.”
The taxpayer-backed lender claimed the decision follows a 30 per cent drop in branch transactions since 2010.
RBS, which is just over 80 per cent owned by the government, said the so-called last banks in town that were closing are generally only open for a few hours a week and see just one or two customers an hour.
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