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The Office of Fair Trading (OFT) is being urged to conduct a review into Scotland's business banking sector.
Scottish MPs are calling on the Office of Fair Trading (OFT) to take in action in securing the future of business banking in the country.
With around three-quarters of small and medium-sized firms in the country holding business bank accounts with Lloyds Banking Group and the Royal Bank of Scotland's MPs have expressed concern that such organisations will have problems in accessing finance.
In addition, Holyrood's Economy Committee expressed apprehension about competition in the sector, concerns which were raised with two OFT directors as part of an inquiry into the banking sector.
However, despite Lord Mandelson asking the OFT last year to keep the Scottish business banking under review, the office has not made any reference to investigating the region's markets.
Labour MSP Wendy Alexander states: "It will puzzle small businesses in Scotland that there is absolutely no work of any kind whatsoever under way to look at the competition."
Such comments have come as the Federation of Small Businesses claimed in September that smaller banks and the Post Office branches should to be encouraged to enter Scotland's small business market.
Among the current accounts currently on offer to businesses are the NatWest Business Account and Abbey Business Account.
Meanwhile, a recent Financial Times article claimed Santander could be in a position to purchase a number of the business-focused branches set to be sold by RBS and the Lloyds Banking Group.
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