Profile: Royal Bank of Scotland Group PLC (RBS)
26 Jun 2019
The Royal Bank of Scotland Group plc (RBS), incorporated on March 25, 1968, is a banking and financial services company. The Company provides a range of products and services to personal, commercial, corporate and institutional customers, through its subsidiaries, The Royal Bank of Scotland plc and National Westminster Bank Plc (NatWest), as well as through other brands, including Ulster Bank and Coutts. The Company's segments include Personal & Business Banking (PBB), Commercial & Private Banking (CPB), RBS International (RBSI), NatWest Markets (NWM), and Central items & other. It provides financial services to individuals and businesses, primarily in the United Kingdom and Ireland. The Company's products and services include banking and risk management, such as payments, insurance and liquidity management; personal lending, including personal loans and credit cards; deposits, such as current accounts and savings accounts; investments, such as portfolio management, unitized funds and financial planning; commercial lending, including business lending, invoice financing and asset-backed lending, and capital markets, including rates, currencies and financing.
The PBB segment consists of two segments: UK PBB and Ulster Bank RoI. UK PBB serves individuals and mass affluent customers in the United Kingdom together with small businesses. UK PBB includes Ulster Bank customers in Northern Ireland. Ulster Bank RoI serves individuals and businesses in the Republic of Ireland (RoI). PBB's principal brands are NatWest in England and Wales, Royal Bank of Scotland in Scotland, and Ulster Bank RoI in the island of Ireland. The CPB segment consists of three segments: Commercial Banking, Private Banking and RBS International (RBSI). Commercial Banking serves commercial and corporate customers in the United Kingdom and Western Europe. Private Banking serves the United Kingdom connected high net worth individuals. RBSI serves retail, commercial, corporate and financial institution customers in Jersey, Guernsey, Isle of Man and Gibraltar, and financial institution customers in Luxembourg.
The NWM serves the United Kingdom and Western European corporate customers, and global financial institutions. The segment is supported by trading and distribution platforms in the United Kingdom, the United States and Singapore. NatWest Markets provides financing and risk management solutions and is built around three product lines: Rates, Currencies and Financing. The Central items & other segment include RBS Treasury.
Royal Bank of Scotland Group PLC
PO Box 1000
EDINBURGH EH12 1HQ