{"id":1596,"date":"2016-06-27T02:38:49","date_gmt":"2016-06-27T02:38:49","guid":{"rendered":"http:\/\/asadkarim.co.uk\/?p=1596"},"modified":"2016-06-06T07:02:49","modified_gmt":"2016-06-06T07:02:49","slug":"the-shrinking-balance-sheet-of-the-royal-bank-of-scotland","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=1596","title":{"rendered":"The Shrinking Balance Sheet of The Royal Bank of Scotland"},"content":{"rendered":"<p>The Royal Bank of Scotland that is 70% owned by the UK Tax Payer, has had a programme of reducing its balance sheet. The bank has sold assets all over the world as it becomes a UK focussed lender.<\/p>\n<p><a href=\"http:\/\/www.rbs.com\" target=\"_blank\">www.rbs.com<\/a><\/p>\n<p>Looking at the annual report that was published on the 26th Feb 2016 once can see the real contraction in the bank<\/p>\n<p><a href=\"http:\/\/investors.rbs.com\/~\/media\/Files\/R\/RBS-IR\/results-center\/q4_results-26-Feb-2016.pdf\" target=\"_blank\">http:\/\/investors.rbs.com\/~\/media\/Files\/R\/RBS-IR\/results-center\/q4_results-26-Feb-2016.pdf<\/a><\/p>\n<p>Year:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2016\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2015\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2014<br \/>\n\u00a3m\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a3m\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a3m<\/p>\n<p>Total assets:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0815,408\u00a0\u00a0\u00a0 876,684\u00a0\u00a0\u00a0\u00a01,051,019<br \/>\nCustomer deposits:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0343,186 \u00a0\u00a0 346,267 \u00a0\u00a0\u00a0 354,288<br \/>\nDerivatives:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0254,705\u00a0\u00a0\u00a0 288,905 \u00a0\u00a0 \u00a0349,805<br \/>\nloans to customers:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0306,334\u00a0\u00a0\u00a0 311,383\u00a0\u00a0\u00a0 334,251<br \/>\nWholesale funding:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 59,000\u00a0\u00a0\u00a0\u00a0\u00a0 66,000\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 90,000<\/p>\n<p>One can see from a few metrics that I have pulled of the report, it is reducing its reliance on wholesale funding, also reducing the loans given out to customers.<\/p>\n<p>in 2008, the balance sheet was over \u00a32 Trillion, now it is \u00a30.815 Trillion<\/p>\n<p>UK GDP is about \u00a31.5 Trillion, so the <strong>RBS Balance Sheet is 54% of UK GDP<\/strong>.<br \/>\nIt is still a massive bank.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Royal Bank of Scotland that is 70% owned by the UK Tax Payer, has had a programme of reducing its balance sheet. The bank has sold assets all over the world as it becomes a UK focussed lender. www.rbs.com Looking at the annual report that was published on the 26th Feb 2016 once can [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1596","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1596"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1596\/revisions"}],"predecessor-version":[{"id":1597,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1596\/revisions\/1597"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}