19 NOVEMBER 1937, Page 62

FINANCIAL NOTES

BANKING NORTH OF THE TWEED.

ONCE again I am able to congratulate the shareh,olders of the Royal Bank of Scotland upon the excellent year's results disclosed in the report which has just been issued. I know of few banks either north or south of the Tweed which over a lengthy period have been able to show greater progress in activity and profit-earning power consistent with sound management than the Royal Bank of Scotland, and in all these respects the report for the year ended October 9th last

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