Mark Williams, Member of Parliament for Ceredigion, has submitted a motion in Parliament raising the serious problem of bank closures in rural communities.
Concern over the future of rural banking has increased recently in Ceredigion after closure decisions affecting a number of bank branches, including those in Aberaeron and Tregaron, and last year in New Quay and Llandysul.
Mark has submitted an early day motion raising his concern about the number of bank closures in rural areas, and the inadequate alternatives, such as mobile banking facilities, the Post Office and telephone and internet banking. He is calling on the Government to recognise the importance of bank access and to encourage the banking sector to maintain a network of bank branches in rural communities.
Mark said “It is extremely concerning to see large banks closing their branches in rural communities. It may be easy for many people in urban areas to access their banks by telephone or internet, but this simply is not possible in many areas of Ceredigion, and where there are issues of accessibility by public transport. This has a particularly negative impact on the elderly and small businesses who rely on their local branch on a regular basis, and it is vital that action is taken to address this. I have met with representatives from the NatWest bank and relayed my concerns and I believe those of many Ceredigion people.”