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Yet the local branch remains a crucial part of the nation's financial infrastructure, banking analysts say, even as more customers manage their accounts via the Internet and mobile phones.
Margaret Hodge, who chairs the Public Accounts Committee, said: "I have serious concerns the Government is taking decisions on infrastructure, banking on hard-pressed consumers to foot the bill, without knowing whether households will be able to afford to pay".
After years of internal debate, Vietnam joined the World Trade Organization in January 2007, a step that required revisions of its legal infrastructure, banking system and regulations that are still causing pain as they are applied.
After years of internal debate, Vietnam joined the World Trade Organization in January 2007, a step that required revisions of its legal infrastructure, banking system and regulations that are still causing pain as they are put into place.
The state remains the single largest employer, while its corporations controlling natural resources, infrastructure, banking and media dominate the economy.As Clifford Gaddy and Barry Ickes, two American economists, have argued, the highly inefficient industrial structure of the old Soviet economy, based on misallocation of both resources and people, remains intact.
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How about an infrastructure bank?
Mr Obama's infrastructure bank would aim to attract private capital.
We need a national infrastructure bank to drive regeneration.
In the absence of a national bank, it might be possible to establish regional infrastructure banks.
Her call for massive infrastructure investment was marred by the inclusion of an infrastructure bank.
Other proposals to establish an infrastructure bank have been more ambitious and more expensive.
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