RBS 2007 Annual Report Download - page 6

Download and view the complete annual report

Please find page 6 of the 2007 RBS annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 252

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236
  • 237
  • 238
  • 239
  • 240
  • 241
  • 242
  • 243
  • 244
  • 245
  • 246
  • 247
  • 248
  • 249
  • 250
  • 251
  • 252

Group profile
Group profile
04
Corporate Markets
Retail Markets
Ulster Bank
RBS Insurance
Manufacturing
ABN AMRO
We operate the largest free-to-use ATM network in the UK
with over 6,800 machines.
Our Global Banking & Markets division (‘GBM’) has a relationship
with more than 95% of the FTSE 100 companies.
RBS Insurance is the UK’s number one car insurer and
number two for general and household insurance.
Citizens is the ninth largest bank in the US ranked by deposits.
Global Banking & Markets in North America has a relationship
with 80% of the Fortune 100 companies.
RBS Greenwich Capital’s Interest Rate Derivatives business is
ranked in the top five in the US.
Great Britain
The Royal Bank of Scotland has operated in Great Britain since 1727.
The Group enjoys leading positions in a number of markets, including
corporate and SME banking, current accounts, merchant acquiring and
car insurance. In corporate banking, RBS is the number one brand in
England & Wales and Scotland while RBS and NatWest rank first and
second among major high street banks for customers who say they are
‘extremely satisfied’ with their main current account provider.
As well as RBS and NatWest, our brands include Direct Line, Churchill,
Coutts and Lombard. Last year saw the tenth anniversary of our Tesco
Personal Finance joint venture. In 2007 we expanded our UK businesses
and see attractive options for continued organic growth.
Corporate Markets
Citizens
ABN AMRO
Americas
Citizens Financial Group (‘CFG’) was a small Rhode Island company
when RBS acquired it in 1988. It has since grown to become the ninth
largest US commercial banking group based on deposits. With the
NatWest acquisition in 2000, Greenwich Capital joined the Group. RBS
Greenwich Capital is among the principal suppliers of corporate finance
and debt capital markets services across the US.
Our US brands include Citizens, Charter One, RBS Greenwich Capital,
RBS Lynk and the Kroger Personal Finance joint venture. The ABN AMRO
acquisition extends our presence in the Americas, a market of 750 million
people and GDP of $19,000 billion in 2007. We will continue to develop
our strong US franchises while capitalising on these new opportunities.
RBS Group • Annual Report and Accounts 2007
RBS was named Global Bank of the Year 2007 by The Banker magazine