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'Shutting bank adds to loan shark risk'.


THE closure of a town's bank is good news for loan sharks, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 an Assembly member.

Clwyd West Clwyd West may refer to:
  • Clwyd West (UK Parliament constituency)
  • Clwyd West (National Assembly for Wales constituency)
 AM Darren Millar has criticised a decision by HSBC HSBC Hongkong and Shanghai Banking Corporation
HSBC Humane Society of Broward County (Florida)
HSBC Humane Society of Bay County (Bay County, Michigan) 
 to close a branch in Kinmel Bay.

HSBC confirmed their intentions to close the branch on grounds of commercial sustainability.

Following a meeting with local councillors and Clwyd West MP David Jones yesterday, Mr Millar said: 'This is very bad news for Kinmel Bay: I am surprised HSBC did not canvass customers or local representatives before making it.

"Not only will the closure of the branch prove to be a massive inconvenience to the bank's loyal customers, but there is significant deprivation in parts of Kinmel Bay and a number of loan sharks are known to have been operating in the area.

"The closure of the HSBC branch is almost certain to increase the risk of vulnerable people becoming victim to these sharks in the future."
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Publication:Daily Post (Liverpool, England)
Date:Sep 4, 2009
Words:154
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