The Royal Bank of Scotland Logo — The Royal Bank of Scotland plc is one of the retail banking subsidiaries of Royal Bank of Scotland Group, which along with the National Westminster Bank and Ulster Bank, offers banking services at its branches throughout the UK. The Royal Bank of Scotland has around 700 branches, mainly in Scotland, but there are branches in many towns and big cities in England and Wales.
The Royal Bank of Scotland and its capital, the Royal Bank of Scotland Group are completely separate entities from their bank based in Edinburgh countryman, the Bank of Scotland, which was founded 32 years earlier. The Bank of Scotland was as effective raising money for the Jacobite Uprising, as a result, created the Royal Bank of Scotland (Royal Bank of Scotland) with strong ties to supporters of the House of Hanover and the Whigs.
The Bank has its origin in the Company equivalent (Equivalent Society) created by the failure of investors in the Company of Scotland (Company of Scotland), protecting the compensation they received as part of the agreements of the Acts of the Union of 1707. Equivalent Society became the Equivalent Company in 1724, the desires of the new company were made on the bench. The British government received the request favorably as the “Old Bank”, Bank of Scotland was suspected of Jacobite sympathies. Consequently, the “New Bank” was opened in 1727 as the Royal Bank of Scotland, and appointed Lord Ilay as its first governor.