Q3 Interim Management Statement 2013
- RBS announces actions to accelerate capital strengthening and enhance strategic focus
- Full review of bank to improve customer service, reporting February 2014
- Q3 2013 pre-tax loss £634 million, after £496 million accounting charge for improved own credit
- Core Tier 1 ratio up to 11.6%, or 9.1% on a fully loaded Basel III basis
For full Q3 Results documentation and details of the management presentation, see our Results Centre.
"The bar has been set at a higher level for RBS than for other UK banks because we were rescued at the public’s expense. I have asked all our people to embrace the higher expectations that people have placed on our bank. That’s the only way we will build a really great business for our customers, our people and our shareholders. That’s my aim."
Ross McEwan, RBS Group Chief Executive
Sir Philip Hampton, Chairman, talks about Q3 Results
Conference call replays
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UK job creation continued in the three months to February with almost a quarter of a million more people in work. A second month of zero inflation also supported a respectable rise in price-adjusted pay. Yet weak price growth across most of the advanced economies is mainly due to lower oil prices and the cause of that is partly weak global demand. Hardly encouraging.
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