We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
RBS to close half its Edinburgh branches
Options

Paul_1977
Posts: 992 Forumite
ROYAL Bank of Scotland is to close half its Edinburgh branches in the latest round of cost-cutting - with more misery to come.
The bank - still over 70 per cent owned by the taxpayer following the 2008 bail-out - announced nine branches in the Capital will close in May and June next year. They are at Blenheim Place, Castle Street, Chesser, Comiston, Davidson Mains, Gilmerton, Juniper Green, Portobello and Edinburgh University.
It means the number of RBS branches in the Capital will be cut from 17 to just eight.
The Unite union voiced “bitter disappointment” at the closures which it said would affect 116 staff and could mean 45 job losses.
http://www.edinburghnews.scotsman.com/our-region/edinburgh/rbs-to-close-half-its-edinburgh-branches-1-4306476
Think this is pretty much the shape of things to come. In the end we will end up with "mega branches", maybe only one or two in each city, which will deal with many many customers at once.
0
Comments
-
The end is nigh.0
-
I was more astounded it had 17 branches in a city the size of Edinburgh!0
-
veryintrigued wrote: »I was more astounded it had 17 branches in a city the size of Edinburgh!
Google suggests there are more than half a dozen RBS branches within a square mile in the centre of the city.0 -
veryintrigued wrote: »I was more astounded it had 17 branches in a city the size of Edinburgh!
It is rather a lot. Edinburgh has a population of about 500,000, so that's one branch for every 29,000 people.
The IMF (they have stats on this sort of thing) says that the UK has on average, one bank branch for every 25,000 people. Given that RBS is not the only bank around, it would imply that RBS has too many branches in Edinburgh. Given that we had to bail the darned thing out, and it's still losing money, closing a few would seem to be a good thing.0 -
-
Thrugelmir wrote: »How often do you yourself use a bank branch?
Couple of times a month, for pay-ins.0 -
you can pay cash and cheques into your RBS account at Post Offices.0
-
veryintrigued wrote: »I was more astounded it had 17 branches in a city the size of Edinburgh!
There used to be more, just off the top of my head I can think of at least 4 branches that no longer exist, and they've all been closed for at least 10 years, the chances are that more will have already closed between 2008 and now.0 -
Yeah loads of RBS branches here in Edinburgh have closed over the last few years. Surely closing even more is counterproductive?
I switched off to another bank sometime ago as despite working in the city centre all my 'local' branches have gone. Branches were handy for paying in cash etc
Cheers0 -
It's interesting that they're now closing branches which have received refurbishment recently eg. Juniper Green and Comiston. I expected them to be safe for the foreseeable future.veryintrigued wrote: »I was more astounded it had 17 branches in a city the size of Edinburgh!
There was at least 28 not too long ago.
Other branches which have closed in the last five years:
Colinton
Fairmilehead
Goldenacre
Heriot Watt University
Tollcross
Craigentinny
Marchmont
Shandon Crescent
Gyle
North Bridge
Minto Street
Royal Infirmary0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.7K Banking & Borrowing
- 253K Reduce Debt & Boost Income
- 453.4K Spending & Discounts
- 243.7K Work, Benefits & Business
- 598.5K Mortgages, Homes & Bills
- 176.8K Life & Family
- 256.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards