The Royal Bank of Scotland plc

The Royal Bank of Scotland (RBS) was initially incorporated in 1727 in Edinburgh (Scotland). RBS is focused on providing retail, private, corporate and investment banking products and services to its customers in the United Kingdom as well as continental Europe and the United States.

In 2016 total assets of The Royal Bank of Scotland plc were 798,66 bln GBP.

Total Assets (2016)
798.66 bln GBP  (-2.05%)

The Royal Bank of Scotland plc is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is BBB+ (good credit quality). Long-term credit rating assigned to the bank by Moody's is A3 (upper medium grade). The Royal Bank of Scotland plc participates in deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85 000 GBP per bank per depositor.

The Royal Bank of Scotland plc is headquartered in Edinburgh.

Address
42 St Andrew's Square, EH2 2YE, Edinburgh, United Kingdom
Phone
20 7375 5000
Fax
20 7375 8411
Website
rbs.com
BIC (SWIFT)
RBOSGB2RTCM
MFI ID
GB2600
Company Number
SC090312
Start Date
October 1984

Compare Banking Products in the United Kingdom

Financial Positions

Total Assets (2016)
798.66 bln GBP  (-2.05%)

In 2016 total assets of The Royal Bank of Scotland plc were 798.66 bln GBP. Decline compared to the previous period (2015) was -2.05%. The evolution of the total assets of The Royal Bank of Scotland plc is shown at Chart 1 below.

Total Assets of The Royal Bank of Scotland plc. Chart 1. Total Assets of The Royal Bank of Scotland plc.

Credit Ratings (as of Apr 2016)

Fitch Moody's
BBB+ (good credit quality) A3 (upper medium grade)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. The Royal Bank of Scotland plc is rated by Fitch and Moody's.

Credit ratings assigned to The Royal Bank of Scotland plc as of April 2016 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for The Royal Bank of Scotland plc it is set to BBB+ (good credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for The Royal Bank of Scotland plc is set to F2 (good short-term credit quality).

Long-Term Issuer Default Rating  BBB+
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F2
Viability Rating  -
Support Rating  2
Support Rating Floor  -

Viability rating for The Royal Bank of Scotland plc is not set support rating is 2 (high probability of external support); support rating floor is not set.

Moody's

Long-term rating for The Royal Bank of Scotland plc it is set to A3 (upper medium grade). Long-term bank deposit rating is A3 (upper medium grade). Bank financial strength rating is ba1. Short-term rating is not assigned.

Long-Term Rating  A3
Long-Term Bank Deposit Rating  A3
Bank Financial Strength Rating  ba1
Short-Term Rating  -
Outlook  positive

Outlook for the ratings of The Royal Bank of Scotland plc is set to positive (may be raised).

Deposit Guarantee

Deposit Guarantee
Yes (up to 85 000 GBP per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in the United Kingdom are obliged to participate in the United Kingdom's deposit guarantee scheme.

In the case of The Royal Bank of Scotland plc failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  private individuals, small companies
Covered Currencies  all
Maximum Protected Amount  85 000 GBP
Paid In Currency  GBP

Further Information

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of The Royal Bank of Scotland plc and its components are shown in the table below.

BIC  RBOSGB2RTCM
Bank BIC Code  RBOS
Country Code  GB (United Kingdom)
Location Code  2R
Branch Code  TCM

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of The Royal Bank of Scotland plc is shown in the table below.

MFI ID  GB2600

Company Registration Number

Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.

Company Number  SC090312