The Royal Bank of Scotland (RBS) has set up 18 new international banking centres across the UK to support firms develop their international trading business. The various banking hubs will act as support centres providing customers with expertise in international trade, supply chain finance and international cash management.
UK firms are increasingly looking at opportunities to do business with the growing emerging markets and RBS aims to draw on its experience in international trade to support newcomers to this market.
“For those new to trading internationally we would assure them that it is not as complex as it may first seem – it is important to understand the international business environment and culture and to use the range of business experts that can guide you. RBS has enormous practical experience in assisting customers in maximising overseas trade opportunities and managing international cash flows. We see the establishment of the international banking centres as a way for customers to tap into this experience easily and locally,” explains Simon Roberts, director of international banking services at RBS.