That the Parliament expresses concern at reports of the further closure of more bank branches in rural and island communities across Scotland; understands that face-to-face branches will be closed on both the islands of Arran and Great Cumbrae, leaving islanders on Cumbrae with no physical bank branch on the island whatsoever, with just one to remain open on Arran; further understands that, on 29 November 2023, Lloyds Banking Group announced the closure of four further Bank of Scotland branches in Kilcreggan, Bowmore, Tarbert and Glasgow Byres Road, also announcing a significant reduction and removal of mobile banking facilities from May 2024; believes that high street banks have a social, financial and economic responsibility to the communities that they serve, and that the removal of banking services from rural areas and islands often comes with specific and unique adverse effects on local economies; understands that rural and island businesses are often more likely to have a greater reliance on cash than in urban economies; notes the outcome of the Financial Lives 2022 survey by the Financial Conduct Authority, which found that the digitally excluded, older people, people in poor health and those with lower financial resilience depend more on access to cash; understands that the Financial Conduct Authority is holding a public consultation on how it can support access to cash in an increasingly digital world, and that participation in this consultation is encouraged before it closes on 8 February 2024, and notes the belief that, while overall regulation of the banking sector is contained in UK-wide legislation and through the Financial Conduct Authority, it is both sensible and helpful for all devolved administrations, governments and political representatives of varying political interests to express directly the collective concerns over these proposed cuts to retail banks, and to work constructively together to ensure that the banking sector not only abides by its regulatory requirements, but also meets the social and moral duties that elected representatives have come to expect from the industry in the best interest of their constituents and communities.