Royal Bank of Scotland

(redirected from The Royal Bank of Scotland)
Also found in: Financial.

Royal Bank of Scotland

 

the largest commercial bank of Scotland. Founded in 1727.

In 1930, the Royal Bank of Scotland absorbed Williams Deacon’s and in 1939, Glyn, Mills and Company. In April 1969, with the National Commercial Bank of Scotland (40 percent of which was owned by Lloyds Bank, one of Britain’s Big Five banks), it formed the National and Commercial Banking Group. The group has its board of directors in Edinburgh and is the fifth biggest banking establishment in Great Britain. The London clearing bank Williams and Glyn, founded in September 1970 as a result of a merger of three banks, also belongs to the group.

The Royal Bank of Scotland in 1972 had a balance sum of £904 million, capital and reserves of £70 million, current accounts and deposits of £731 million, and loans and discounted notes of £482 million. The bank has 650 branches in Scotland and London. In 1972 the balance sum of the National and Commercial Banking Group was £1,791 million, and current accounts and deposits were £1,533 million.

E. D. ZOLOTARENKO

References in periodicals archive ?
An economic lunch for the Midlands branch of the Investment Property Forum was held at The Royal Bank of Scotland (RBS) offices in Birmingham
The Royal Bank of Scotland is offering an official Open Championship pin flag, signed by its global ambassador,Jack Nicklaus, winner of three Open Championships and arguably the greatest golfer ever.
Willie Walsh, chief executive BA' Doug Ellis, chairman Aston Villa FC' Sally Hannah, CBI West Midlands' Paul Marston, BA' Gary Morton, Baker Tilly' Barry Doherty, Needham & James Solicitors' Paul Ray, Browne Jacobson' Peter Suddock, Dudley Zoological Gardens' Chris Clifford, regional director, CBI' Willie Walsh, chief executive, British Airways' Mike Beasley, vice chairman, CBI' David Hersey, regional director, Corporate Banking, the Royal Bank of Scotland and host
The Royal Bank of Scotland Group is one of the top three banking groups in Europe and one of the top ten globally.
Pritesh Patel (Norwich Union), James Downing (HS Finance), Darren Walker (Cobbetts) and Adam Flanagan (The Royal Bank of Scotland)' Andy Green (The Royal Bank of Scotland), Richard Arnold (Arnold Holdings Ltd) and Derek Tomkinson (Tomkinson Teal & Co)' Chris Bettles (Bettafreight Services Ltd), Richard Phillips (The Royal Bank of Scotland), Steve Rogers (Dains Chartered Accountants) and Peter Stanton (Ultimate Finance)' Paul Jones (The Royal Bank of Scotland), Julian Townsend (Dains Chartered Accountants), Bill Law (AGD Equipment Ltd) and Mark Brazier (Chequers UK Ltd)
Hannah Hesketh (Hereford & Worcester Chamber of Commerce), John Pointer (The Royal Bank of Scotland), Shokat Zaman, (Hazelwoods
Paul Jones, Prosperity Consulting; Sarah Jones; Mark Pritchard, Prosperity Consulting; Julie Pritchard; Rob Jones, The Royal Bank of Scotland; Gillian Bennett; Allen Bennett, AB Dust Control; Richard Dowen, The Royal Bank of Scotland; Claire Whyman, The Royal Bank of Scotland; Rakesh Sharma, The Royal Bank of Scotland; Christine Dee; Dave Dee, Director Commercial Banking, The Royal Bank of Scotland, Wolverhampton; Kay Woodley; Fred Woodley, ACS; Patsy Pedley, Robin Pedley, JWB Finishing; Glen Williamson, The Royal Bank of Scotland; Lorrainne Williamson; Kate Round; Mark Round, The Royal Bank of Scotland; Kevin Styles; Caroline Styles, Mandy Steward
The Royal Bank of Scotland hosted a wine tasting evening for professional colleagues in Worcester at Bushwackers Wine Bar.
Clockwise from above: Claire Brunning, The Royal Bank of Scotland; Terry Clough, FMA Process Engineering Ltd; Sue Albini, Pickering Solicitors; Helen Sieracki, The Royal Bank of Scotland; Robert Law, AGD Equipment Ltd and Paul Jones, Deputy Director Commercial Banking, The Royal Bank of Scotland; Russell Mallen, Boden Leighton; Gordon Boden, Boden Leighton; Helen Cooke, The Royal Bank of Scotland; Stuart Dunn, Boden Leighton; John Ryan, The Royal Bank of Scotland
The Royal Bank of Scotland has agreed a new funding package to support the partners of Black Country solicitors Higgs & Sons in its growth strategy for the business.
The Royal Bank of Scotland hosted a CBI West Midlands economic lunch at its offices in St Philips Place, Birmingham, attended by more than 60 guests.
Property company Hovi Developments has completed the first phase of a scheme at the Hainge Road Industrial Estate in Oldbury, a transaction funded by the Royal Bank of Scotland.

Full browser ?