RBS comment on HM Government

RNS Number : 3465F

Royal Bank of Scotland Group PLC

08 October 2008

 



The Royal Bank of Scotland Group plc ('RBS')

RBS comment on HM Government proposals for the UK banking industry

Sir Fred Goodwin, CEO of RBS said:

'We welcome this comprehensive package of measures in response to unprecedented conditions in the financial system. These are a substantial and tangible demonstration of the Government's commitment to ensuring the stability of the financial system and will allow banks to continue their support for customers across the economy. 

We intend to participate in certain of the measures announced by the Government and will make a further announcement in due course.'

8 October 2008

- End -

For further information:

Investor Relations

Richard O'Connor 

Head of Investor Relations 

[phone] 

Media

Andrew McLaughlin 

Group Director - Communications 

Tel: [phone]

 

END

 

 

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