Natwest closes Norwich branch

Natwest Branch on Prince of Wales Road is closing amid RBS Group branch cuts. Pic Archant. Natwest Branch on Prince of Wales Road is closing amid RBS Group branch cuts. Pic Archant.

Friday, April 4, 2014
4:50 PM

A Norwich branch of Natwest is being axed as part of far-reaching cuts by the Royal Bank of Scotland.

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The Prince of Wales Road branch will close along with 43 other sites across the UK after the bailed-out lender witnessed a 30pc drop in branch transactions since 2010.

It is understood that the RBS branch on Queen Street, Norwich, and other Natwest branches across the city will be unaffected by the cut backs.

A spokesman for taxpayer-back RBS said: “Banking has changed significantly over the last few years as more and more of our customers are banking with us where and when it is convenient for them.”

He added: “We have to adapt to what our customers want, which is why we’re investing in a range of other ways our customers can bank with us, including online and telephone banking, our mobile app, and in any one of the Post Office’s 11,500 branches across the UK.”

RBS said it had been telling affected customers about the closures over the past two months.

Campaign group Move Your Money said RBS had “consistently undermined the interests of its customers and wider society since being bailed out in 2008”.

• Do you have a business story for the Eastern Daily Press or Norwich Evening News? Contact business writer Ben Woods on 01603 772 426, or email ben.woods@archant.co.uk

5 comments

  • With the high aspirations of the Late Night Economy Zone another seedy strip club ahoy! Norwich - Giving our youth the opportunity to dance naked in a poorly converted bank!

    Report this comment

    Norwich Resident

    Sunday, April 6, 2014

  • Close more of them. Speaking as a tax payer and owner I want to see some real performance from RBS not this socialist social work nonsense. Branches have little or no return on investment.

    Report this comment

    Paul Morley

    Friday, April 4, 2014

  • Another betting shop? :(

    Report this comment

    marty r

    Saturday, April 5, 2014

  • Will it become a trendy wine bar? Or maybe another kebab shop. Or another supermarket to compete with Tesco's and whatever Budgens is calling itself today.

    Report this comment

    User Removed

    Saturday, April 5, 2014

  • I hope their ATM remains. It's one of the few I know of that doles out £5 notes!

    Report this comment

    MattW

    Friday, April 4, 2014

The views expressed in the above comments do not necessarily reflect the views of this site

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