Royal Bank of Scotland has recorded pre-tax loss of £ 794000000 for the six months after the end of June 2011 compared to operating income of over £ 1.1 billion in the corresponding period of 2010.
The result reflects a previously announced £ 850 million charge for requests for payment protection insurance and delivery £ 733 million
related to Greek government bonds.
Most taxpayers, owned by the bank closed the first half of the year with a core Tier 1 ratio of 11.1% and 10.7% at December 31, 2010.
The result reflects a previously announced £ 850 million charge for requests for payment protection insurance and delivery £ 733 million
related to Greek government bonds.
Most taxpayers, owned by the bank closed the first half of the year with a core Tier 1 ratio of 11.1% and 10.7% at December 31, 2010.