Royal Bank of Scotland

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The Royal Bank of Scotland Plc
Banca Rìoghail na h-Alba
Type Public1
Founded 1727
Headquarters Edinburgh, Scotland, UK
Key people Fred Goodwin, Group CEO
Industry Finance and Insurance
Products Financial Services
Employees 14,10002
Parent Royal Bank of Scotland Group
Slogan Make it Happen
Website www.rbs.co.uk
1 Wholly owned subsidiary of RBS Group
2 RBS Group total

The Royal Bank of Scotland Plc (Scottish Gaelic: Banca Rìoghail na h-Alba[1]) is one of the retail banking subsidiaries of Royal Bank of Scotland Group plc, which together with NatWest, provides branch banking facilities in the United Kingdom. Royal Bank of Scotland has around 700 branches, mainly in Scotland though there are branches in many larger towns and cities throughout England and Wales. It should not be confused with Bank of Scotland. The Royal Bank of Scotland and their parent The Royal Bank of Scotland Group are completely separate from fellow Edinburgh based bank, Bank of Scotland, which pre-dates the Royal Bank of Scotland by 32 years. The Bank of Scotland was effective in raising funds for the Jacobite Rebellion and as a result, The Royal Bank of Scotland was established to provide a bank with strong unionist ties.

Registered Office of the Royal Bank of Scotland, 36 St Andrews Square, Edinburgh.
Registered Office of the Royal Bank of Scotland, 36 St Andrews Square, Edinburgh.

A £100 Royal Bank of Scotland note.
A £100 Royal Bank of Scotland note.

The Royal Bank of Scotland, along with Clydesdale Bank and Bank of Scotland, still prints its own banknotes. The current designs of the notes depict Lord Ilay (1682-1761), the first governor of the bank on the front, and Scottish castles on the back.

Current issue in circulation are:

Occasionally the Royal Bank issues commemorative banknotes. Examples include the £1 note issued to mark the 150th Anniversary of the birth of Alexander Graham Bell in 1997, the £20 note for the 100th birthday of Queen Elizabeth, the Queen Mother in 2000, and the £5 note honouring veteran golfer Jack Nicklaus in his last competitive Open competition at St Andrews in 2005. These notes are much sought-after by collectors and they rarely remain long in circulation.

  1. ^ Token and symbolic use of the Scottish Gaelic name occurs on some Royal Bank of Scotland plc buildings and customer stationery such as cheque books. Gaelic is not used on the RBS website, for contracts or on their banknotes.


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