According to the Associated Press, revenues for the six-month period reached GBP14.7 billion, over GBP13.6 billion the previous year. Meanwhile, Bloomberg reported a 19% rise in profit at the group’s securities unit.
The Edinburgh-based bank also revealed that international income reached GBP3.8 billion, up 10%. UK income also increased 10% to reach GBP10.9 billion. In addition, adjusted earnings per ordinary share rose 21% to GBP38.40.
Sir Fred Goodwin, group chief executive at Royal Bank of Scotland (RBS), said: Diversification has enabled the group to prosper consistently through a wide range of business, market and economic conditions. These results demonstrate the continuing value of our approach and give us confidence in our ability to deliver in the future for our customers, our people and our shareholders.
