RBS 2003 Annual Report Download - page 10

At the end of 2003 The Royal Bank of Scotland
Group was the world’s fifth largest banking group,
with a market capitalisation of £49 billion.
Our three key areas of operation are the UK, US and
Continental Europe. In each of these the scale of our
businesses has significantly grown over the past
five years through strong organic growth and
acquisitions. We are increasingly serving the needs
of our existing customers in Asia and Australia.
The bulk of both our income and assets continue to
be in the UK, although the US and Europe are
making a growing contribution.
The number of people we employ and the number
of customers buying banking products and financial
services from the Group is also growing in each of
these three main territories. We now employ over
120,000 people worldwide.
Group profile continued
08
Group profile
Global ranking
The Forbes Global 2000 for 2003 is a
comprehensive listing of the world’s
biggest and most important companies,
as measured by sales, profit, assets and
market value. Those that make the list
have the best composite ranking based
on all four of these measures.
Rank Company Country
1 Citigroup US
2 General Electric US
3 American International Group US
4 ExxonMobil US
5 Bank of America US
6 Royal Dutch/Shell group NL
7BP UK
8 Fannie Mae US
9 HSBC UK
10 Toyota Motor Japan
11 Verizon Communications US
12 Wal-Mart Stores US
13 ING Group NL
14 The Royal Bank
of Scotland Group UK
15 Berkshire Hathaway US
15 BNP Paribas France
17 International Business Machines US
18 Altria Group US
19 General Motors US
20 Total France
Customers
%
1UK 77
2 Europe 14
3US 9
Employees
%
1UK 82
2 Europe 5
3US 12
4 Rest of World 1
As one of the world’s largest banks we continue to seek new opportunities to build
every aspect of the Group’s business in the UK, Europe and America.
1
2
3
4
1
2
31
2
3
4
Income
%
1UK 79
2 Europe 5
3US 15
4 Rest of World 1
Geographic Distribution