The bank we're becoming

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Our Turnaround Story


For a short period in 2008, RBS was the biggest bank in the world by assets.

In October 2008, after almost a decade of global expansion culminating in the takeover of ABN AMRO, RBS ran into significant financial difficulties and was bailed out by the UK government.

The road to recovery has been a long one. Over the past decade, RBS has achieved the biggest corporate turnaround in history, becoming a simpler, safer UK focussed bank doing the right things for customers.

During that time, we have reshaped the business – increased income, reduced costs and built capital strength – and posted our first FY bottom line profit in 10 years. We have substantially cleared up the legacy issues this bank faced. All of this progress means that our investment case is much clearer.

Watch this short animation and scroll down to see a timeline showing the RBS turnaround story and the key moments from the past ten years.

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Timeline 2008 - 2018


Click on each of the years below to read about the RBS key moments from the past ten years.

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Our Progress


The infographic below looks at the progress we've made since 2008 in becoming a simpler and safer bank. 

Simpler

2008

 

 

H1 2018

No. of employees

 

                                   199,800

   

vs

       

    70,000

 

Total assets (£bn)

2,219

 vs

748

 


 

 

Safer

 

 

2008

 

 

 

H1 2018

 

CET1 Ratio %

4%

      vs

             16.2%

 

Loan: Deposit Ratio % 

     

 154%

      vs

     87%

CRIT 1 IT Incidents*

318

vs

     20


 

UK Focused

2007

 

 

2017

UK Revenue

         62%
 

          vs 
        

         93%
 

No. of countries
 

         53
 

          vs 
        

         12
 

 

*CRIT IT Incidents are those which have an impact on our customers

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