Arab Today, arab today royal bank of scotland q1 profit soars to £1195bn
Last Updated : GMT 19:10:18
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Royal Bank of Scotland: Q1 profit soars to £1.195bn

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Arab Today, arab today Royal Bank of Scotland: Q1 profit soars to £1.195bn

London - AFP

Britain's state-rescued Royal Bank of Scotland said Friday that net profits rocketed to £1.195 billion ($2.02 billion, 1.46 billion euros) in the first quarter, buoyed by lower costs and falling impairments. Earnings after taxation surged in the three months to the end of March 2014, compared with £393 million in the same part of 2013, RBS said in a results statement.

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