Royal Bank of Scotland Group PLC
03 April 2007
The Royal Bank of Scotland Group plc ('RBS') announces sale of RBSI Securities
Services (Holdings) Limited
The Royal Bank of Scotland International (Holdings) Limited, a wholly owned
subsidiary of RBS, and BNY International Financing Corporation have entered into
an agreement with BNP Paribas SA under which, subject to certain regulatory and
other conditions, BNP Paribas SA will acquire RBSI Securities Services
(Holdings) Limited, a 70:30 joint venture between The Royal Bank of Scotland
International (Holdings) Limited and BNY International Financing Corporation. As
at 31 December 2006 RBSI Securities Services (Holdings) Limited had gross
balance sheet assets of £1,787,625,000.
For more information please contact:
Claire Lilley
Communications Manager
RBS International
Jersey
Telephone: + 44 (0) 1534 285408
This information is provided by RNS
The company news service from the London Stock Exchange
ID
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