PARLIAMENTARY WRITTEN QUESTION
Bank Services: Rural Areas (18 October 2017)
Question Asked
To ask Mr Chancellor of the Exchequer, what plans his Department has to ensure rural and remote communities have access to local bank branches.
Asked by:
Jamie Stone (Liberal Democrat)
Asked by:
Jamie Stone (Liberal Democrat)
Answer
The Government recognises the need to support local communities adapt to changes to banking, including when branches close. The Access to Banking Standard commits banks to communicate with and assist customers when a branch closes. And since January, 99% of personal and 75% of business customers are able to bank at one of Post Office’s 11,600 branches nationwide. Ultimately, decisions on the opening and closing of individual bank branches are a commercial decision for the banks involved.
Answered by:
Steve Barclay (Conservative)
24 October 2017
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