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Home Business News Financial Services

NatWest reduces island branches and invests in digital banking

Reduction announced of branch network in both Jersey and Guernsey from the 7th January 2021, as it makes further investments in digital banking

September 10, 2020
in Business News, Financial Services, Guernsey News, Jersey News
NatWest
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The Longueville and St Brelade branches in Jersey and the Cobo and St Sampsons branches in Guernsey are due to close. These closures come as more customers are using digital and online banking.

This change in branch footprint brings with it the opening of a voluntary redundancy register across the bank. NatWest International is working with colleagues and trade unions to support colleagues affected by these changes.

Andrew McLaughlin, CEO of RBS International said: “In recent years we’ve seen significant changes in customer behaviour with more customers choosing digital for their everyday banking needs.

“We must rebalance investment between our branch network and our new digital network in recognition of the way customers wish to bank with us. Customers will still have the option to visit our Library Place and Bath Street branches in St Helier as well as our flagship branch in St Peter Port or speak with colleagues in our local banking telephony centre.

“We also have a dedicated telephony service for vulnerable customers in the Community. No branch is busier than our mobile banking service and today’s announcement recognises our need to move with the times”.

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Reece Mackie

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