RBS to close a further 44 branches

Thomas, Paul
April 2014
Mortgage Strategy (Online Edition);4/3/2014, p4
Trade Publication
The article reports that Royal Bank of Scotland (RBS) has said that it will close 44 branches of its banks in order to cut costs. The bank said that it witnessed a 30 percent decline in branch transactions since 2010, and many of the branches affected see only one or two customers an hour. RBS currently has nearly 2,000 branches in total, of which 314 will become Williams & Glyn bank's branches after a sell-off to a group of investors.


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