The Royal Bank of Scotland was established in 1724 to provide a bank with Hanoverian and Whig ties.
The Royal Bank of Scotland, known as RBS, is a major retail and commercial bank in Scotland. It is one of the retail banking subsidiaries of the NatWest Group, along with NatWest and Ulster Bank. The Royal Bank of Scotland has approximately 700 branches, mainly in Scotland, although there are branches in many larger towns and cities throughout England and Wales. The bank is completely separate from the Edinburgh-based partner bank, the Bank of Scotland, which dates back 32 years to the Royal Bank.