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CFG announces sale of rural b

25th Jun 2008 13:05

RNS Number : 5160X
Royal Bank of Scotland Group PLC
25 June 2008
 

25TH June 2008

RBS SUBSIDIARY SELLS RURAL BRANCH NETWORK IN UPSTATE NEW YORK

London, 25th June 2008 - Citizens Financial Group, a wholly owned subsidiary of The Royal Bank of Scotland Group ("RBS") has today announced the sale of 18 small rural branches in upstate New York with gross assets of $631 million. Community Bank System, Inc. (NYSE, CBU) have acquired the assets.

For further information, please contact

Richard O'Connor, Head of Investor Relations

+44 (0) 20 7672 1758

+44 (0) 7909 873 681

Carolyn McAdam, Group Head of Media Relations

+ 44 (0) 131 523 2055

+ 44 (0) 7796 274 968

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCILFIFRFIEFIT

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