Business & Finance

RBS bank posts first annual net profit in 10 years

Published February 23, 2018 Updated February 23, 2018 10:43am

RBS, saved a decade ago by the UK government in the world's biggest banking bailout, posted a net profit of £752 million ($1.05 billion, 853 million euros) in 2017 following nine straight annual losses, the Edinburgh-based lender said in a statement.

Copyright APP (Associated Press of Pakistan), 2018