Royal Bank of Scotland

Interim Report: Royal Bank of Scotland Plc - 2008 - Interim Results for the half year ended 30 June 2008

WorldFinance — Sun, 19 Oct 2008 09:57:56 +0000

FORWARD-LOOKING STATEMENTS

Certain sections in this document contain ‘forward-looking statements’ as that term is defined in the
United States Private Securities Litigation Reform Act of 1995, such as statements that include the
words ‘expect’, ‘estimate’, ‘project’, ‘anticipate’, ‘should’, ‘intend’, ‘plan’, ‘probability’, ‘risk’, ‘Value-at-
Risk (“VaR”)’, ‘target’, ‘goal’, ‘objective’, ‘will’, ‘endeavour’, ‘outlook’, 'optimistic', 'prospects' and similar

Royal Bank of Scotland Group PLC - £20 billion capital raising - 2008 Oct 13

WorldFinance — Sun, 19 Oct 2008 08:59:16 +0000

RBS announces an offer of ordinary shares to raise £15 billion of core tier 1 capital. The offer will be underwritten by HM Treasury at a fixed price of 65.5 pence per share. Existing RBS shareholders will be invited to subscribe for all or part of their pro rata entitlements. New institutional shareholders may also be permitted to subscribe for new shares under the offer. In addition, HM Treasury will subscribe for £5 billion of Preference Shares, further increasing RBS's Tier 1 capital ratio.

RBS - Chief Economist's Weekly Brief - 22 Sept 2008 - Unprecedented events in financial markets

WorldFinance — Sat, 18 Oct 2008 11:27:30 +0000

I am always reluctant to use the word 'unprecedented', but nothing else comes close to describing events last week. The financial sector has changed indelibly - on a global scale. Policy-makers believed we were on the cusp of catastrophe. Their response was swift, substantial and synchronised. Even so, a gloomy economic outlook just got gloomier.

RBS - Chief Economist's Weekly Brief - 29 September 2008 - Risk aversion remains the dominant theme

WorldFinance — Sat, 18 Oct 2008 11:25:50 +0000

Risk aversion remained the dominant theme last week. Debate raged over the US rescue plan, strains in credit markets intensified, and central banks injected billions into inter-bank markets in another co-ordinated action. The crisis claimed its latest victims in the financial sector and the Irish and New Zealand economies slipped into recession.

RBS - Chief Economist's Weekly Brief - 13th October 2008 - Wall Street woes hit Main Street

WorldFinance — Sat, 18 Oct 2008 11:12:15 +0000

With inter-bank lending rates finding new highs last week, the US Congress' decision to pass the "Emergency Economic Stabilization Act" was greeted with widespread relief. The plan to buy troubled assets from banks should help unclog the financial system and gradually get credit markets functioning again. However, the damage from events in global financial markets already appears to be taking its toll on Main Street across the developed economies.

RBS - Chief Economist's Weekly Brief - 13th October 2008 - Policymakers respond to global turmoil

WorldFinance — Sat, 18 Oct 2008 11:07:50 +0000

The financial crisis entered a turbulent new phase last week. The FTSE fell by 21%, wiping £170 billion off the value of the
UK's largest companies. Losses of a similar magnitude were seen around the globe. The policy response was striking: an
extensive rescue package for the banking sector was announced by the UK government, on the same day as a coordinated
half-point rate cut by central banks in almost all the major developed economies.

RBS - Interest and Exchange Rate Forecast - 30th September 2008

WorldFinance — Sat, 18 Oct 2008 11:05:05 +0000

The Monetary Policy Committee kept the Bank Rate on hold at 5% once again in
September. With the financial market crisis taking a marked turn for the worse in
September, the downside risks to growth have clearly intensified. Wholesale funding
markets have all but seized up, making it more difficult/expensive for banks to extend credit
to households and businesses. This is likely to continue to constrain business investment
spending, which has already fallen in the last two quarters. Households are in a similar

RBS to resell Accountis' e-invoicing service to corporate customers

Accountis — Sun, 22 Jun 2008 21:33:28 +0000

Accountis Ltd, a Fundtech company and provider of secure financial document exchange and payment systems, has announced a multi-year agreement with The Royal Bank of Scotland (RBS) to provide the bank with an RBS branded e-invoicing solution and service. The partnership deal enables RBS to provide a VAT compliant e-invoicing service to their corporate customers with the prospect of additional invoice based financing services from the bank.

e-invoicing and EIPP