The bank we're becoming

Our Turnaround Story

For a short period in 2008, RBS was the biggest bank in the world by assets.

In October 2008, after almost a decade of global expansion culminating in the takeover of ABN AMRO, RBS ran into significant financial difficulties and was bailed out by the UK government.

The road to recovery has been a long one. Over the past decade, RBS has achieved the biggest corporate turnaround in history, becoming a simpler, safer UK focussed bank doing the right things for customers.

During that time, we have reshaped the business – increased income, reduced costs and built capital strength – and posted our first FY bottom line profit in 10 years. We have substantially cleared up the legacy issues this bank faced. All of this progress means that our investment case is much clearer.

Watch this short animation and scroll down to see a timeline showing the RBS turnaround story and the key moments from the past ten years.

Our Progress

The infographic below looks at the progress we've made since 2008 in becoming a simpler and safer bank. 

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