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RBS's unit Citizens Financial Group to sell 18 US branches

Wednesday, June 25, 2008; Posted: 08:19 AM
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LONDON, Jun 25, 2008 (Thomson Financial via COMTEX) -- CNFL | Quote | Chart | News | PowerRating -- Royal Bank of Scotland Plc. said that its unit Citizens Financial Group has sold 18 small rural branches in upstate New York, with gross assets of $631 million.

The branches have been sold to Community Bank Systems Inc, RBS said in a statement.

lorraine.turner@thomsonreuters.com lht

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