RBS 2007 Annual Report Download - page 7

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05
RBS has a relationship with more than 95% of the
Dow Jones Eurostoxx 50.
In Europe, our GBM Division’s income grew by 39%.
Ulster Bank has more than 1,100 ATMs.
RBS is the number five corporate bank in Asia-Pacific, excluding
Japan, as measured by number of corporate relationships.
With the ABN AMRO acquisition, we have access to 3.7 million
new retail customers.
RBS Coutts grew income by 51% in US dollar terms.
Corporate Markets
Retail Markets
Ulster Bank
RBS Insurance
Manufacturing
ABN AMRO
Europe and Middle East
Ulster Bank became part of RBS on the acquisition of NatWest in 2000,
giving the Group a presence in retail and corporate banking across the
island of Ireland. In recent years we have achieved strong organic growth
in corporate markets in continental Europe and the Nordic region through
GBM. With the acquisition of ABN AMRO, GBM ranks number one in
Europe in terms of relationships with large corporates and financial
institutions. Direct Line operates in Germany, Italy and Spain. We have
recently developed our presence in the Middle East, most notably
through our private banking and wealth management businesses.
In 2007, the countries in which we have a presence in Europe and the
Middle East had a combined population of more than 750 million people.
Their GDP of over $15,000 billion makes the region more than seven
times the size of the UK.
Corporate Markets
Retail Markets
Manufacturing
ABN AMRO
Asia-Pacific
RBS has grown organically in Asia-Pacific, building on our strengths in
businesses such as wealth management and project finance. In 2005
we entered into a strategic partnership with the Bank of China. The
acquisition of ABN AMRO enhances our presence in the fastest-growing
region of the world economy.
In 2007, the countries in which we have a presence in the Asia-Pacific
region had a combined population approaching 3.4 billion people.
With GDP of more than $27,500 billion, its economy is already more than
twice the size of the US. Between 2000 and 2007, these countries are
estimated to have grown by 86%. Despite their rapid growth, and including
Japan, GDP per person in the Asia-Pacific countries in which we operate
stood at only 17% of the US level in 2007, implying that there remains
scope for continued growth over the long term.
RBS Group • Annual Report and Accounts 2007