In February 2015 The Royal Bank of Scotland (RBS) announced changes to its business model tore-focus its transaction banking services on its home markets in theUnited Kingdom and Ireland. RBS is no longer providing global transaction services,including bank accounts, payments, electronic banking, cash management servicesoutside of the United Kingdom and Ireland. In this context, The Royal Bank of Scotland Plc, ceased its activities in Belgium.
In 2016, The Royal Bank of Scotland Plc achieved the position of 88th largest bank in Belgium with a market share of 0.00%; its total assets dropped by 96.96%.
Deposits up to 100,000 EUR are covered by Belgian deposit guarantee scheme in The Royal Bank of Scotland Plc.
The Royal Bank of Scotland Plc was the 88th largest bank in Belgium in terms of total assets. In 2016 its total assets were 10,75 mln EUR, providing the bank with the market share of 0.00%.
The Royal Bank of Scotland Plc participates in the deposit guarantee scheme of Belgium which applies to current accounts, deposit accounts made by natural persons (Belgian and foreign), legal entities (Belgian and foreign) and covers up to up to 100,000 EUR per bank per depositor. The Royal Bank of Scotland Plc is a member of Guarantee Fund for Financial Services (GFFS) and makes its contributions into it.
The Royal Bank of Scotland Plc is a member of The Royal Bank of Scotland (United Kingdom) and operated as a branch of The Royal Bank of Scotland plc (United Kingdom).
The Royal Bank of Scotland Plc was located in Bruxelles.