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Profit at its core bank operations - which exclude the assets that it is considering selling or winding down - reached £6.3 billion, however with these assets factored in the figure dropped to a £9.6 billion loss.
It recorded £7.5 billion in bad debts during the period and Stephen Hester, group chief executive of RBS, said that it is maintaining a "cautious" outlook for the future, even though some analysts are predicting that the end to the recession may be in sight.
The bank will "continue to plan and manage our business in the full expectation that both 2009 and 2010 will be very tough years", he stated.
Shares in the financial institution fell on the FTSE 100 stock market following the announcement, dropping 6.06p to 47.39p at 10:50 BST in London.








