Royal Bank of Scotland to close more branches

by Aaron Strutt

Jun 26 2014

Royal Bank of Scotland (RBS) has warned it will close more of its near 2,000 branches as customers move to online and mobile banking. The lender reports a 30 per cent drop in transactions at its branches since 2010.

The Edinburgh Evening News reports that RBS will shut its 158 year old North Bridge branch originally opened by the Commercial Bank of Scotland. It currently employs five staff.

An RBS spokeswoman was quoted as saying: “We have taken the difficult decision to close our RBS Edinburgh North Bridge branch on September 30, 2014. The number of customers using this branch has dropped by almost a fifth over the last few years as more and more of them use alternative ways of banking with us.”