Royal Bank of Scotland to close 18 more branches with the loss of 105 jobs

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Royal Bank of Scotland to close 18 more branches with the loss of 105 jobs
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Sites in Aberdeen, Edinburgh and Glasgow are among branches set to be shuttered, with 105 jobs lost. RBS, which is part of the NatWest group, serves 3.3million personal customers.

The Royal Bank of Scotland will close 18 branches across the UK this year, in another blow to the high street.RBS, which is part of the NatWest group, serves 3.3million personal customers through around 700 branches, mainly in Scotland.

Nearly 6,000 outlets have already disappeared from high streets in the UK since the start of 2015 as banks continue to cut costs and point to a customer shift towards digital banking. One idea to try to alleviate the pain for those communities affected is the setting up of banking hubs. These allow different lenders to share branch facilities, each taking it in turn to use them to serve customers on different days of the week.

'We are also significantly investing in refreshing our network – we are investing c£10.5m in our network across Scotland, from 2023-24, as well as continuing to invest in shared solutions like the Post Office and banking hubs.

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