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Royal Bank growth 'set to continue'.

Byline: Neil Hodgson

ROYAL Bank of Scotland today said its interim results in August were due to be in line with expectations with good organic growth in income and disciplined expense control.

During the first half of 2006, the group has paid out pounds 1.7bn in final dividends to shareholders and started its pounds 1bn share buy-back programme.

Chief executive Sir Fred Goodwin said: "Organic growth has been a key element of the group's strategy and a prominent theme in our results over recent years."

"2006 is progressing well and we are confident our interim results will clearly demonstrate the inherent strength of our business model, the benefits of our diversified business activities and range of options available for future organic growth."
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Title Annotation:Business
Publication:Liverpool Echo (Liverpool, England)
Date:Jun 13, 2006
Words:123
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