Murad Qureshi, Labour member of the London Assembly, has written to Ross McEwan, Chief Executive Officer of The Royal Bank Scotland, to protest at the planned closure of the Maida Vale branch of the Nat West Bank.
Murad Qureshi said;
“As a long standing customer of Nat West Bank, I was both shocked and disappointed to learn of the proposed closure of the Maida Vale branch (508 Edgware Road, W2 1EN). Having spoken to several other customers and local residents, I am of the view that this will be an unpopular proposal opposed by many.
Can you please explain what the rationale behind this closure is given that recent marketing of your banking services emphasises the importance of “local” banking? Furthermore, is this trend likely to be repeated across London because my firm view is that like local pubs and post offices, the closure of a high street bank has a detrimental effect on the sustainability of a local community? I look forward to hearing from you.”