RBS boasts 'plentiful' funds to meet capital requirements

The Royal Bank of Scotland Group said newly enforced capital requirements could be met by its current business plans, with 'plentiful surplus funding' available.

The Royal Bank of Scotland Group said newly enforced capital requirements could be met by its current business plans, with 'plentiful surplus funding' available.

The bank, in which the state owns an 81% stake, was today informed by the Bank of England's Prudential Regulatory Authority of its new required capital ratios, after an investigation in March found UK banks had a combined capital shortfall of around £25bn.

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