Royal Bank of Scotland

The Royal Bank of Scotland Group (RBS) is a large international banking and financial services company, serving over 40 million customers.

About RBS

The RBS Group provides a wide range of products and services to personal, commercial and large corporate and institutional customers through its two principal subsidiaries, The Royal Bank of Scotland and NatWest, and a number of other well-known brands, including Citizens, Charter One, Ulster Bank, Coutts, Direct Line and Churchill. The Group operates in the United Kingdom, Europe, the Middle East, Africa, the Americas and Asia, and serves over 40 million customers. The Royal Bank of Scotland has been in operation since 1727.

The Program

RBS believes that gender diversity enables better understanding of and responsiveness to a diverse client base. In the UK, the RBS Women in Business program supports women-led and -owned small and medium enterprises (SMEs) by recognizing that women often benefit from a different type of banking approach and relationship building. The program now has more than 200 RBS Relationship Managers specializing in the needs of this sector. Since 2007, RBS has opened more than 320,000 women-owned business accounts, enabling women to achieve their ambitions by starting and growing successful businesses.

One of the key initiatives that has helped to influence and change the RBS Group’s diversity and inclusion strategy is the Focused Women’s Network. Started in 2007, the network has grown to 6,000 members in 31 countries, making it one of the largest women’s networks in the financial services sector. The network is based on a mantra of networking, personal development and giving back to charity, and membership is open to men and women at all levels of seniority.

RBS has been placed in The Times Top 50 Where Women Want to Work list every year since the list’s inception and achieved gold status with Opportunity Now – a gender campaign charity that aims to accelerate change for women in the workplace.

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RBS AT A GLANCE

RBS was founded in 1727.

The RBS Group operates in the United Kingdom, Europe, the Middle East, Africa, the Americas and Asia.

The bank serves over 40 million customers around the world.

RBS has more than 200 Relationship Managers specializing in the needs of women in business.

Since 2007, RBS has opened more than 320,000 women-owned business accounts.

RBS owns the Focused Women’s Network, one of the largest women’s networks in the financial services sector, with 6,000 members in 31 countries.

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The Opportunity - United Kingdom

  • 29%

    of women in the UK got a loan in 2011, the World Bank found.
  • 11%

    of loans to UK women were from a financial institution in 2011, according to Findex.
  • 41%

    of women saved at a financial institution in the UK in 2011, Findex found.
  • 56%

    of women age 15 or older participated in the UK work force in 2012, according to ILO data.