The Royal Bank of plc ( : Banca Rì na h-Alba[1]) is one of the of the Royal Bank of Group plc, and with and Bank, the Isles. Royal Bank of has 700 , in there are in many towns and and Wales. The Royal Bank of and its , the Royal Bank of Group, are from the based bank, the Bank of , which pre-dates the Royal Bank of by 32 years. The Bank of was in funds for the and as a , The Royal Bank of was to a bank with and Whig ties.
The bank its to the of the Debt which was set up by in the of to the they as part of the of the 1707 Acts of Union. The the in 1724, and the new to move into . The the as the "Old Bank" , the Bank of , was of . the "New Bank" was in 1727 as the Royal Bank of , with , Lord Ilay as its first .
In 1728, the Royal Bank of the first bank in the world to offer an .
The Royal Bank of Scotland Group was founded in 1727 and is headquartered in Edinburgh, England. It is Europe's leading financial services group and the largest bank in the United Kingdom, with operations throughout the United Kingdom and around the world. The bank ranks first in the UK for corporate, personal and overseas banking and second in retail banking and private motor insurance. The Royal Bank of Scotland Group has more than 2,000 branches in the UK and Ireland, serving more than 15 million customers. In March 2000, the bank merged with the British Bank of Westminster (Bank, ranked 222 in 2000). In fiscal year 2000 (2000/9), RBS Group's turnover was US$17.713 billion, net income was US$3.172 billion, total assets were US$468.133 billion, and it had 19,620 employees.
In addition to its two banking service brands The Royal Bank of Scotland (The Royal Bank of plc) and NatWest (), the Royal Bank of Scotland Group also owns three major financial services brands: Direct Online (Line) is a British private car insurance company. A leader in market and telephone financial services; Citizens Financial Group (Group) is headquartered in Rhode Island, USA, and is the second largest bank in New England; Bank is headquartered in Northern Ireland and plays an important role in the Northern Ireland banking industry status.
The Royal Bank of Scotland Group has 8 business units: Royal Bank Personal Retail Banking; Kuomintang Life Insurance, Kuomintang Personal Retail Bank, RSA, etc.; RBSI, ADAM & Co, Group and Kuomintang Stock Brokerage and other fund management departments; direct retail business Direct personal finance, Tesco personal finance, e-commerce and the Internet, credit card business, private label business, direct banking; corporate banking and financial marketing; direct online DLI, etc.; banks engaged in personal, commercial, corporate banking ; Citizens Financial Group (USA) engaged in personal, commercial and corporate banking business.
Recently, Royal Bank of Scotland announced the sale of its fund management business Bank Investment Management (Ireland's fourth largest fund management company, with assets of 4.6 billion pounds) to KBC, a banking and insurance group headquartered in Brussels.