Abstract:
The Royal Bank of Scotland (RBS) case introduces students to the banking sector in an emerging economy: Pakistan. While it allows students to quantitatively value a bank which is up for sale, it is particularly useful to illustrate the issues that need to be taken into account when considering mergers and acquisitions in banking. It could be taught both in finance and strategy (or general management) courses. The case should ideally be accompanied by the industry note, The Banking Sector in Pakistan: 2000-2009 (LUMS No: 01-328-2010-2).