Royal Bank of Scotland (RBS) plans to leave up to 36 countries

With all the financial troubles facing Royal Bank of Scotland (RBS) (LON:RBS), it was only a matter of time before they started to close branches. The bank has decided that more drastic action is needed, which is why they plan to leave up to 36 countries.

The International Herald Tribune has made a good point, the trouble that RBS have is, undoing a decade of deals, this is going to be a long process. Retail and commercial banking are to go in Asia, such as India, Indonesia, Pakistan and Taiwan.

RBS will not stop in Asia; the bank is also considering moving out of Central and Eastern Europe. Royal Bank of Scotland have also hinted that all or parts of U.S. bank, Charter One could be sold off, but they might not get the interest that they need to sell it in these troubled times.

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