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UK's RBS says capital position is strong
March 27, 2013 / 12:11 PM / 5 years ago

UK's RBS says capital position is strong

LONDON, March 27 (Reuters) - Part-nationalised Royal Bank of Scotland said on Wednesday its capital position was strong, after the Bank of England ordered Britain’s banks to plug a 25 billion pound ($38 billion) capital shortfall.

“RBS has a strong capital position...we will continue to work with our regulators to ensure RBS remains at the forefront of international capital standards,” the bank said.

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