Members’ Business: Craig Hoy: Regretting Bank Closures

That the Parliament regrets the latest round of bank closure announcements from Bank of Scotland and other operators across Scotland and the UK; further regrets what it sees as the failure to properly consult with customers and local businesses before closure decisions are taken; notes the calls for all high street bank operators to consider adopting a “branch promise” to halt future closures and to prevent banking deserts developing; expresses concern regarding what it sees as the fragile future of rural banking, including in the South Scotland region, and notes the calls for Link and Cash Access UK to do all they can to fully maintain access to cash and banking services when high street banks close branches. Further details available for S6M-19202