Arab Today, arab today rbs slides to £14 bn first half loss
Last Updated : GMT 20:56:46
Arab Today, arab today
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RBS slides to £1.4 bn first half loss

Arab Today, arab today

Arab Today, arab today RBS slides to £1.4 bn first half loss

London - AFP

State-rescued Royal Bank of Scotland said Friday that it fell into a net loss of £1.4 billion during the first half of 2011. RBS, 83-percent owned by the government, announced that losses after tax stood at £1.425 billion ($2.32 billion, 1.64 billion euros) in the six months to June compared with a net profit of £9.0 million a year earlier.

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