State-rescued Royal Bank of Scotland announced Friday that it rebounded into a net profit of almost £1.22 billion in the third quarter of this year. RBS said in a results statement that profits after tax stood at £1.226 billion ($1.96 billion, 1.42 billion euros) in the three months to September, compared with a net loss of £1.146 in the same part of last year. Pre-tax profits meanwhile hit £2 billion in the reporting period, which compared with a loss of £1.6 billion last time around. The British government owns 83 percent of the group following a huge state bail-out that was triggered by the 2008 global financial crisis.
GMT 05:55 2018 Tuesday ,23 January
US tax reforms send UBS profits plungingGMT 13:12 2018 Sunday ,21 January
CBB signs memorandum of understanding with DFSAGMT 04:49 2018 Saturday ,20 January
HSBC in $100 million forex fraud settlementGMT 14:14 2018 Wednesday ,17 January
Strong euro 'source of uncertainty' for ECBGMT 17:00 2018 Tuesday ,16 January
IMF 'concerned' by Kiev's plan for anti-corruption courtGMT 19:29 2018 Monday ,15 January
Central Bank issues commemorative coin for Dh189GMT 06:05 2018 Sunday ,14 January
Bitcoin shouldn't become the new Swiss bank accountGMT 21:23 2018 Wednesday ,10 January
BCCI elections committee holds second meetingMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor