8th Oct 2008 09:39
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
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For further information:
Investor Relations
Richard O'Connor
Head of Investor Relations
+44 (0) 20 7672 1758
Media
Andrew McLaughlin
Group Director - Communications
Tel: +44 7786 111689
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