Since 2010, the majority shares of RBS N.V. have been held by The Royal Bank of Scotland Plc. The Indonesian Financial Service Authority has revoked one of Royal Bank of Scotland's (RBS) permits for a branch operating in the country. RBS's licence to operate as an authorised financial institution was suspended on Monday after it failed to comply with new rules that require banks and other institutions to have at least two branches within 100 kilometres
The Indonesian Financial Service Authority has revoked one of Royal Bank of Scotland's (RBS) permits for a branch operating in the country. RBS's licence to operate as an authorised financial institution was suspended on Monday after it failed to comply with new rules that require banks and other institutions to have at least two branches within 100 kilometres