Inveraray’s RBS branch ‘will close’ says MSP

The Inveraray RBS branch - due to close by the end of 2018.

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Argyll MSP Michael Russell has accused the Royal Bank of Scotland of ‘undermining rural communities’, as it closes branches in Campbeltown and Rothesay.

Ten branches, including Inveraray, were granted a stay of execution until the end of the year, but he says Inveraray ‘will still be closed’.

‘This is becoming a very simple issue,’ Mr Russell said. ‘Does RBS want to support rural communities or does it want to undermine them? It is taking actions to achieve the latter and it deserves every bit of criticism it gets.

‘RBS also deserves to have its customers make a judgement about whether they wish to continue with such a company which appears absolutely deaf to the opinions of those it is meant to serve, and deaf to the facts of the damage that it is doing.’

RBS said if its Inveraray branch saw ‘sustainable transactional increases and viable new income’ before 2019, it will reconsider closure as part of a ‘full independent review’.