Bank bosses to be questioned over branch closures
19 June 2018, 06:34
Bank bosses will appear before Holyrood's Economy Committee to explain the reasons behind controversial branch closures.
MSPs are due to question representatives from TSB Bank, Santander UK, Lloyds Banking Group, Clydesdale Bank and RBS.
The committee has been taking evidence on the impact of closures on local businesses, consumers and the Scottish economy in the wake of RBS' decision to shut at least 52 branches across the country, with a further 10 under review.
The bank said it was responding to changes in customer behaviour, including a rise in digital banking.
Committee members are expected to quiz bosses over how they measure branch footfall and usage, and subsequently make decisions on closures.
Speaking ahead of the meeting, committee convener Gordon Lindhurst said: "Over the course of this inquiry, we've heard from a wide-range of community and business representatives who have provided evidence on the impact of the closure of bank branches on businesses and people across Scotland.
"We now look forward to hearing from the banks directly, in order for them to explain the reasons for these branch closures and what action can be taken to address the issues raised and to safeguard our communities, ensuring their needs are met."