Posted on 31st January, 2018

Clwyd West MP, David Jones, has obtained reassurance from HSBC that there are no plans to close its branch in Ruthin.

The town’s National Westminster branch closed last year, and recently Barclays announced that its branch on St Peter’s Square will also be closing later this year.

David Jones held early talks with Jonathan Brenchley, Area Director of Barclays, who explained to the MP that changes in banking patterns and a reduction in footfall made the branch uneconomic.

HSBC is the last of the major high street banks to have a presence in Ruthin and David Jones accordingly wrote to Wendy Morrice, the bank’s Area Director seeking reassurance as to the branch’s future.

Ms Morrice has now confirmed to Mr Jones that HSBC have no current plans to close the branch. HSBC last announced branch closures in January 2017; those branches closed last year and this brought to a completion HSBC’s branch restructuring programme.

David Jones said:

“This announcement is very good news for Ruthin. Changing patterns in banking, with customers increasingly using electronic banking and mobile apps, have meant that personal visits to branches have declined.

“HSBC’s confirmation will come as a great relief to its customers in Ruthin and the surrounding area and I very much hope that they will continue to pay personal visits to it, in order to ensure that it has a secure future.”

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