Royal Bank of Scotland, was named Tesco Bank

By: trademagazin Date: 2009. 10. 09. 00:01

The British company changed the name of its public finance business branch to Tesco Bank.
It is planned that Tesco would like to build out a bank with complete public business branch.

Tesco bought out Royal Bank of Scotland’s retail credit services in last December. The Tesco Bank name suits better the company's medium-term business plans. Tesco became Britain's seventh largest credit and debit card distributor, with  6 million people are using its financial services. The retail finance division produced 115 million pounds profit beside the 420 million pounds turnover – reports napi.hu.

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