Monday, 07 May 2018 18:23

RBS STILL HAS 'PLENTY OF QUESTIONS TO ANSWER'

BANK EXECUTIVES TO APPEAR BEFORE MPs AT WESTMINSTER

SNP MP Deidre Brock has said that the Royal Bank of Scotland 'still has plenty questions to answer' about planned branch closures across its Scottish network.

Deidre Brock made the comments as the RBS Chief Executive Ross McEwen and other senior executives are due to appear today (Tuesday) before the Scottish Affairs Committee at Westminster. Deidre Brock - who sits on the Committee - also said more details are needed on plans for the ten branches reprieved after the campaign by the SNP and community leaders.

Deidre Brock MP commented in advance of the Committee:

'' RBS still has plenty of questions to answer.The Bank is owned by the taxpayer and the Chief Executive needs to shed light on the decision-making process that is leaving so many communities across Scotland without physical banking services,

'' We need details on the branches that have been saved from the axe after a hard campaign by local communities and the SNP. Those branches are still under threat and we need to know what basis they are being judged on - what will give these communities the peace of mind that they'll still have a bank. We also need to find out why the chance to save branches is limited to just ten locations; we already know that branch closures won't save money so what is the thinking behind closing them?

''These banks are hugely important to communities across Scotland – people and businesses depend on them to help keep local economies running. The UK Tory government cannot continue to dismiss their concerns and look the other way while the taxpayer-owned RBS wilfully damages the interests of its shareholders - the taxpayers in these communities.

"The SNP will continue to try to save these banks, it is time that the other parties joined us in that campaign and put pressure on the UK government to work in Scotland's interests to force this public company to respect the communities that are in danger of being abandoned."

Read 63 times Last modified on Tuesday, 08 May 2018 16:14

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