Call for bank improvement

THE Liberal Democrat opposition spokesman for Rural Affairs at the Welsh Assembly has called for a huge improvement in the provision of banking services in rural areas.

Mid and West Wales regional AM William Powell made the comments following a debate in the assembly where he highlighted the number of bank closures in rural communities.

He called for a greater role for credit unions and the establishment of a network of new community banks.

He said: "We cannot continue with the current trend towards ever more closures of rural bank branches.

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"If the major banks aren't interested in providing locally-based services, then we need to look at alternatives.

"Access to local banking services is key to reviving the rural economy and breathing fresh life into our market towns. It is vital that we act — and do so without delay."