Subscribe to The Money StopNews Feed

Browse > Home / News, News-Banking / RBS announced higher number of branches to open on Saturday

RBS announced higher number of branches to open on Saturday

October 6, 2008 by admin  
Filed under News, News-Banking

Leave a Comment

The Royal Bank of Scotland, which also owns NatWest, has recently announced that there will be a greater number of branches for both RBS and NatWest opening on a Saturday, which will provide consumers with increased ease and convenience if they need to visit their bank. Officials from RBS said that the decision to increase the number of stores opening on a Saturday was down to increased demand from its customers.

According to reports there will be around 40% of branches opening on Saturdays as part of the move, which equates to around 883 RBS and NatWest branches in total. Officials state that RBS branches will most likely operate from ten in the morning until two in the afternoon on Saturdays, and NatWest branches will open from ten in the morning until three in the afternoon.

Officials state that whilst Internet and phone banking has prove popular, many customers still want to visit the branch and speak to someone face to face, and that the move is designed to give customers of the bank what they want. Following research RBS claims that 67% of its customers visit the branch and 73% of NatWest customers visit their branches.

An official from NatWest said: ‘For us, it is vital that customers are able to go about their banking in the most convenient way, however they choose to deal with us, be it through branches, over the phone, using ATMs or via the internet. We believe in convenient banking for our customers and almost 70% of our customers define convenience as “branches being open when I need them”. We’ve responded accordingly.’

Tags: Banking Services, Financial services, royal, Banking, demand

Tags:

Related Entries

  • Popularity of Internet banking results in bank closures
    • The UK has seen a massive rise in the popularity of Internet banking over recent years. Although there have been concerns about security and the risk of banking fraud, the rise in the number of
  • Villages being affected by bank closures
    • It has been reported recently that many villages in the UK are being affected by bank closures, with many bank branches having closed since the turn of the century. An investigation was carried out by
  • More job cuts at Lloyds TSB
    • Despite becoming what was described as a super-bank following its takeover of troubles banking group HBOS, Lloyds TSB has announced a fresh round of job cuts earlier this month, with the announcement that it would
  • Many savers could move their money into Irish banks and Post Office
    • Following a change in the Irish banking industry it seems that many consumers in the UK could be looking at shifting their savings into UK branches of Irish banks or into the Post Office in
  • UK banks asked to ’share branches’ to help rural customers
    • Banks in the UK are being urged to share their branches in an effort to provide the required financial services to those in rural parts of the country.It has been claimed that sharing branches would
  • The cash machine turns 40
    • On June 27th 1967 personal banking changed for ever with the opening of the world's first cash machine in Enfield, North London.The Barclays branch opened the first ever ATM so that customers could access cash
  • What does the HBOS takeover mean?
    • Earlier this week Lloyds TSB, the high street banking giant, announced that it was taking over HBOS in a £12.2 billion rescue operation. The takeover has been rushed through, and officials have said that the
  • Natwest cuts mortgage rates
    • RBS has announced it will cut mortgage rates and introduce a new savings product in a bid to help borrowers and encourage first-time buyers to save for a deposit. The deals, which will be available through

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!