The merger resulted in a new holding company, the National and Commercial Banking Group, with 662 branches in Scotland, which all transferred to the Royal Bank name. The holding company was renamed The Royal Bank of Scotland Group in 1979 and became NatWest Group in July 2020.
A combination of banks resulted in a new parent organization, the National and Commercial Banking Group, with 662 branches in Scotland, all of which were rebranded as Royal Bank. This parent company was later renamed The Royal Bank of Scotland Group in 1979 and became NatWest Group in July 2020.