Royal Bank of Scotland
Scottish consumers and businesses alike rely heavily on The Royal Bank of Scotland plc (abbreviated RBS; Scottish Gaelic: Banca Roghail na h-Alba). Along with NatWest (in England and Wales) and Ulster Bank, it is a retail banking subsidiary of the NatWest Group.
Despite being based primarily in Scotland, the Royal Bank of Scotland has branches in several major English and Welsh cities and towns. The Royal Bank of Scotland is not affiliated in any way with the Bank of Scotland, another Edinburgh-based financial institution that was founded 32 years before the Royal Bank. The Royal Bank of Scotland was founded in 1724 as a financial institution with close ties to the Hanoverian and Whig governments.
The market value of Royal Bank of Scotland was $18.59 billion in April 2023. Based on its current market capitalization, Royal Bank of Scotland is the 901st most valuable corporation in the world. The latest financial reports reveal a TTM revenue of $16.23 billion for Royal Bank of Scotland. The company's 2019 revenue of $18.25 billion represents an increase from 2018's revenue of $17.75 billion.
Founded: 1724
Headquarter: Edinburgh, Scotland, UK
Market cap: $18.59 Billion
Revenue in 2020 (TTM): $16.23 B
Website: www.rbs.co.uk