Category Branch Closures

Branch closures have decimated retail branches, community banking, access to cash and thousands of jobs. RBS/NatWest have closed over 2000 branches since 2008 and Unite have pushed back on the rationale.

Further 2018 branch closures

In early 2018 NatWest Group, then known as RBS Group, published its annual report for 2017 showing the first profit since the 2008 global financial crisis. Shortly thereafter, they announced their first shareholder dividend since the crash. It was in…

2018 branch closures continue

NatWest Group, then known as RBS Group, returned to profit in 2017 for the first time since the global financial crisis of 2008. Rather than halt their branch closure programme, the bank chose to accelerate it. This announcement of a…

Branch closures 2018

NatWest Group began its programme of branch closures in the 1990s but they increased substantially following the 2008 financial crisis. By December 2017, the bank was starting to show signs of returning to stability and the annual report for that…