Santander makes bid for RBS branches
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Banco Santander has revealed that Santander UK has submitted an offer for 300 branches of Royal Bank of Scotland.
The bank says it is not possible to say when the tender process will conclude.
It is believed Santander is the only bidder for the network of branches, worth around 1.8bn.
The purchase of the branches would add 1.8 million retail customers to Santander.
