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NatWest Group to close 32 branches

By Will McCurdy

NatWest Group is set to close 32 branches.

The High Street bank said 21 of these sites operate under its NatWest brand, while 11 are RBS branches.

NatWest attributed the closures to the shift to mobile and online banking and said it did not expect the closures to result in many job losses.

NatWest said most of the jobs impacted by the closures will be moved to other branches but that 12 jobs are at risk.

All the planned closures are in England, except for RBS’s Cardiff City branch

The news comes after a study by consumer advocacy group Which? revealed that the rate of bank branch closures peaked between June and August this year, when 298 branches were closed, an average of 99 every month.

Which? said this represented a 90 per cent rise on the previous six years, when an average of 52 branches were closing per month.

“We take our responsibility seriously to support the people who face challenges in moving online, so we are investing to provide them with support and alternatives that work for them,” said a NatWest spokesperson.

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