Royal Bank of Scotland Group PLC ends 8 bln stg capital back-up with UK government-reuters

Monday, 16 Dec 2013 12:23pm EST 

Royal Bank of Scotland Group PLC:Says it had terminated an 8 bln pound ($13 bln) contingent capital facility with the government in light of actions taken recently to strengthen its capital-Reuters.RBS, which is 82 pct owned by the government, said it would no longer have to pay the outstanding 320 mln pound fee which was due to the Tresury. 

Company Quote

-7.2 -2.06%
27 Mar 2015